Production at two plants in Kerala affected by floods: Apollo Tyres

Image
Press Trust of India New Delhi
Last Updated : Aug 20 2018 | 6:15 PM IST

Apollo Tyres today said production at its two plants in Kerala has been disrupted due to the floods in the state.

Production operations of the company's plants located at Perambra and Kalamassery, Kerala have been disrupted due to the floods, Apollo Tyres said in a BSE filing.

"The production loss due to this natural calamity is 1,500 MT (approximately) till today. However, consequential loss of profit is not significant," it added.

The company produces commercial vehicle tyres and off-highway tyres at the two plants.

The state is facing the worst flood in 100 years and it has claimed 216 lives since August 8, displacing over 7.24 lakh people, who are now sheltered in 5,645 relief camps dotting the state.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 20 2018 | 6:15 PM IST

Next Story