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Apollo Tyres consolidated net profit declines 49.63% in the December 2021 quarter

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Capital Market

Sales rise 9.87% to Rs 5707.47 crore

Net profit of Apollo Tyres declined 49.63% to Rs 223.54 crore in the quarter ended December 2021 as against Rs 443.81 crore during the previous quarter ended December 2020. Sales rose 9.87% to Rs 5707.47 crore in the quarter ended December 2021 as against Rs 5194.66 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales5707.475194.66 10 OPM %13.0219.83 -PBDT651.67948.10 -31 PBT307.38620.81 -50 NP223.54443.81 -50

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First Published: Feb 03 2022 | 8:12 AM IST

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