Apollo Tyres has reported results for second quarter ended September 30, 2019.
The company has reported 32.07% fall in its net profit at Rs 99.75 crore for the quarter under review as compared to Rs 146.84 crore for the same quarter in the previous year. Total income of the company decreased by 11.01% at Rs 2,776.22 crore for Q2FY20 as compared Rs 3,119.75 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 43.12% fall in its net profit at Rs 83.07 crore for the quarter under review as compared to Rs 146.05 crore for the same quarter in the previous year. Total income of the company decreased by 6.55% at Rs 3,989.81 crore for Q2FY20 as compared Rs 4,269.69 crore for the corresponding quarter previous year.
