Apollo Tyres consolidated net profit rises 268.96% in the March 2021 quarter

Sales rise 38.75% to Rs 4927.28 crore

Net profit of Apollo Tyres rose 268.96% to Rs 287.27 crore in the quarter ended March 2021 as against Rs 77.86 crore during the previous quarter ended March 2020. Sales rose 38.75% to Rs 4927.28 crore in the quarter ended March 2021 as against Rs 3551.22 crore during the previous quarter ended March 2020.

For the full year,net profit declined 26.49% to Rs 350.21 crore in the year ended March 2021 as against Rs 476.40 crore during the previous year ended March 2020. Sales rose 5.33% to Rs 16954.61 crore in the year ended March 2021 as against Rs 16096.49 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales4927.283551.22 39 16954.6116096.49 5 OPM %16.5313.53 -16.5012.04 - PBDT772.36381.41 103 2483.911681.56 48 PBT424.6667.74 527 1168.96543.44 115 NP287.2777.86 269 350.21476.40 -26

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