Apollo Tyres has reported results for first quarter ended June 30, 2016.
The company has registered 6.59% rise in its net profit at Rs 236.25 crore for the quarter as compared to Rs 221.65 crore for the same quarter in the previous year. Total income of the company increased by 6.30% at Rs 2291.24 crore for quarter under review as compared to Rs 2155.54 crore for the quarter ended June 30, 2015.
On the consolidated basis, the company has reported 10.63% jump in its net profit at Rs 314.69 crore for the quarter ended June 30, 2016 as compared to Rs 284.45 crore for the same quarter in the previous year. However, total Income of the company increased by 16.10% to Rs 3331.09 crore for quarter under review from Rs 2869.25 crore for the quarter ended June 30, 2015.
