Apollo Tyres slips on reporting 20% fall in Q4 consolidated net profit

13 May 2016 Evaluate

Apollo Tyres is currently trading at Rs. 157.90, down by 0.70 points or 0.44% from its previous closing of Rs. 158.60 on the BSE.

The scrip opened at Rs. 158.00 and has touched a high and low of Rs. 161.15 and Rs. 156.90 respectively. So far 1,50,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 223.30 on 05-Aug-2015 and a 52 week low of Rs. 127.95 on 20-Jan-2016.

Last one week high and low of the scrip stood at Rs. 161.15 and Rs. 148.50 respectively. The current market cap of the company is Rs. 8,032.41 crore.

The promoters holding in the company stood at 44.15% while Institutions and Non-Institutions held 41.91% and 13.94% respectively.

The company has posted a rise of 15.46% in its net profit at Rs 210.62 crore for the quarter ended March 31, 2016 as compared to Rs 182.42 crore for the same quarter in the previous year. However, total income of the company has decreased by 3.35% at Rs 2176.52 crore for quarter under review as compared to Rs 2252.06 crore for the quarter ended March 31, 2015.

On consolidated basis, the company has posted a fall of 20.27% in its net profit at Rs 245.16 crore for the quarter ended March 31, 2016 as compared to Rs 307.48 crore for the corresponding quarter in the FY15. Total income of the company decreased by 4.61% at Rs 3009.36 crore for quarter under review as compared to Rs 3154.82 crore for the same quarter ended previous year.

For the year ended March 31, 2016, the company has posted a rise of 32.15% in its net profit at Rs 852.48 crore as compared to Rs 645.08 crore for the same period in the previous year. However, total income of company decreased 2.77% at Rs 8755.28 crore for year under review as compared to Rs 9004.87 crore for the period ended March 31, 2015. 

For the year ended March 31, 2016, on the consolidated basis, the company has posted a rise of 11.81% in its net profit at Rs 1093.01 crore as compared to Rs 977.60 crore for the same period in the previous year. However, total income of company decreased by 7.82% at Rs 11863.06 crore for year under review as compared to Rs 12869.22 crore for the period ended March 31, 2015.


Apollo Tyres Share Price

472.05 8.35 (1.80%)
03-Jun-2024 10:57 View Price Chart
Peers
Company Name CMP
MRF 128000.00
Apollo Tyres 472.05
CEAT 2411.40
Balkrishna Inds. 3053.50
JK Tyres & Inds. 408.90
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