Apollo Tyres today reported a 7% increase in net profit at Rs 16.69 crore for the first quarter ended June 30, 2005 as against Rs 15.63 crore in Q1FY05.According to a release issued by the company to the BSE today, total income increased to Rs 568.32 crore in Q1FY06 from Rs 511.61 crore in Q1FY05.
