Apollo Tyres reported results for second quarter ended September 30, 2022.
The company has reported fall of 9.87% in its net profit at Rs 80.80 crore for Q2FY23 as compared to Rs 89.65 crore for the corresponding quarter previous year. However, total income of the company increased by 16.02% to Rs 4271.13 crore for the quarter under review as compared to Rs 3,681.46 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 11.88% in its net profit at Rs 194.45 crore for the quarter under review as compared to Rs 173.81 crore for the same quarter in the previous year. Total income of the company increased by 16.78% to Rs 5962.90 crore for the quarter under review as compared to Rs 5106.21 crore for the same quarter in the previous year.
