Apollo Tyres consolidated net profit declines 66.41% in the March 2019 quarter
Sales rise 4.87% to Rs 4176.26 crore
Net profit of Apollo Tyres declined 66.41% to Rs 84.00 crore in the quarter ended March 2019 as against Rs 250.11 crore during the previous quarter ended March 2018. Sales rose 4.87% to Rs 4176.26 crore in the quarter ended March 2019 as against Rs 3982.43 crore during the previous quarter ended March 2018.For the full year,net profit declined 6.08% to Rs 679.84 crore in the year ended March 2019 as against Rs 723.88 crore during the previous year ended March 2018. Sales rose 17.71% to Rs 17273.39 crore in the year ended March 2019 as against Rs 14674.06 crore during the previous year ended March 2018.
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