Apollo Tyres has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported over 2-fold jump in its net profit at Rs 295.62 crore for Q3FY24 as compared to Rs 124.25 crore for the same quarter in the previous year. Total income of the company increased by 2.07% at Rs 4,344.59 crore for Q3FY24 as compared Rs 4,256.52 crore for corresponding quarter of the previous year.
On consolidated basis, the company has reported 78.14% rise in net profit at Rs 496.63 crore for the third quarter ended December 31, 2023 as compared to Rs 278.79 crore for the same quarter in the previous year. Total income of the company increased by 2.87% at Rs 6,613.76 crore for Q3FY24 as compared Rs 6,429.48 crore for corresponding quarter of the previous year.
