Apollo Tyres has reported results for the first quarter ended June 30, 2013.
On standalone basis, the company has posted a rise of 24.30% in its net profit at Rs 93.57 crore for the quarter ended June 30, 2013 as compared to Rs 75.28 crore for the same quarter in the previous year. Total income has increased marginally by 0.71% at Rs 2172.70 crore for quarter under review as compared to Rs 2157.34 crore for the quarter ended June 30, 2012.
On consolidated basis, the Group has posted a rise of 20.24% in its net profit after taxes, Minority Interest and Share of Profit / (loss) of Associates at Rs 165.95 crore for the quarter ended June 30, 2013 as compared to Rs 138.02 crore for the same quarter in the previous year. Total income has increased marginally by 0.83% at Rs 3200.94 crore for quarter under review as compared to Rs 3174.54 crore for the quarter ended June 30, 2012.
