Apollo Tyres has reported results for third quarter ended December 31, 2016.
The company has reported 0.07% rise in its net profit at Rs 185.46 crore for the quarter under review as compared to Rs 185.33 crore for the same quarter in the previous year. Total income of the company increased by 2.42% at Rs 2470.32 crore for the quarter under review as compared to Rs 2411.91 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 5.98% rise in its net profit at Rs 295.70 crore for the quarter ended December 31, 2016, as compared to Rs 279.02 crore for the same quarter in the previous year. Total income of the company increased by 16.41% to Rs 3741.07 crore for quarter under review from Rs 3213.73 crore for the quarter ended December 31, 2015.
