/ Apollo Tyres Reports 46% Fall in Q2 Consolidated Net Profit ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 2 November 2017



Apollo Tyres has reported results for second quarter ended September 30, 2017 .The company has reported 37.47% fall in its net profit after tax at Rs 127.60 crore for the quarter ended September 30, 2017 as compared to Rs 204.07 crore for the same quarter in the previous year. However, the total income of the company increased by 6.74% at Rs 2499.44 crore for Q2FY18 as compared Rs 2341.70 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 45.98% fall in its net profit after tax at Rs 140.18 crore for the quarter under review as compared to Rs 259.52 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased 4.34% at Rs 3496.38 crore for quarter under review as compared to Rs 3350.93 crore for the same quarter ended previous year.

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