Apollo Tyres has reported results for second quarter ended September 30, 2021.
The company has reported a fall of 58.54% in its net profit at Rs 89.65 crore for the quarter under review as compared to Rs 216.24 crore for the same quarter in the previous year. However, total income of the company increased by 25.20% at Rs 3,681.47 crore for Q2FY22 as compared Rs 2,940.57 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit at Rs 173.82 crore for the quarter under review as compared against net loss of Rs 246.28 crore for the same quarter in the previous year. Total income of the company increased by 18.17% at Rs 5,106.21 crore for Q2FY22 as compared Rs 4,321.11 crore for the corresponding quarter previous year.
