Apollo Tyres net up at Rs 51.10 cr

Apollo Tyres's net profit surged 164 per cent to Rs 51.10 crore for the quarter ended September 2007, when compared to Rs 19.37 crore in the corresponding period last year.

The company's total income has increased to Rs 847.80 crore in the quarter ended September 2007, as against Rs 767.50 in the same period in FY07.

Also, A K Purwar has been appointed as a Director. Purwar is a former chairman of State Bank of India.