Apollo Tyres has reported results for third quarter ended December 31, 2021.
The company has reported a fall of 85.33% in its net profit at Rs 49.19 crore for the quarter under review as compared to Rs 335.40 crore for the same quarter in the previous year. However, total income of the company increased by 10.74% at Rs 3,810.72 crore for Q3FY22 as compared Rs 3,441.18 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 49.63% in its net profit at Rs 223.54 crore for the quarter under review as compared to Rs 443.81 crore for the same quarter in the previous year. However, total income of the company increased by 9.72% at Rs 5,724.43 crore for Q3FY22 as compared Rs 5,217.42 crore for the corresponding quarter previous year.
