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Apollo Tyres reports 84% rise in Q3 consolidated net profit

06 Feb 2013 Evaluate

Apollo Tyres has reported results for third quarter ended December 31, 2012.

The company has reported 73.41% rise in its net profit at Rs 73.82 crore for the quarter as compared to Rs 42.57 crore for the same quarter in the previous year. Total income of the company has decreased by 1.87% at Rs 2055.24 crore for quarter under review as compared to Rs 2094.50 crore for the quarter ended December 31, 2011.

On consolidated basis, the company has reported 84.21% rise in its net profit at Rs 180.60  crore for the quarter ended December 31, 2012 as compared to Rs 98.04  crore for the same quarter in the previous year. Total income of the company has increased by 0.57% at Rs 3244.12 crore for quarter under review as compared to Rs 3225.83 crore for the quarter ended December 31, 2011.  

Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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