Apollo Tyres has reported results for third quarter ended December 31, 2022.
The company has reported over 2-fold jump in its net profit at Rs 137.56 crore for Q3FY23 as compared to Rs 49.19 crore for the corresponding quarter previous year. Total income of the company increased by 11.70% to Rs 4256.52 crore for the quarter under review as compared to Rs 3810.72 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 30.67% in its net profit at Rs 292.11 crore for Q3FY23 as compared to Rs 223.54 crore for the same quarter in the previous year. Total income of the company increased by 12.32% to Rs 6429.48 crore for the quarter under review as compared to Rs 5724.43 crore for the same quarter in the previous year.
