Apollo Tyres annual net profit up 12 per cent, but European sales slide

11th May 2016 | 0 Comments

On the occasion of publishing its full-year 2015/2016 financials, Apollo Tyres has reported sales of 117 billion rupees (£1.214 billion; 1.537 billion euros; US$1.757 billion) compared with 127.256 billion rupees in 2014/2015. During the same period (2015/2016) operating profit grew 3 per cent to close at 20.4 billion rupees, up from 19.8 billion rupees. Net profit increased 12 per cent to 10.9 billion from 9.8 billion rupees the year before.

The rest of this article is for subscribers only:
Log inSubscribe

Tags: , , , ,

Category: Company News, International News

Buy subscriptions, premium industry reports, and business directory entries in our shop. | Dismiss

[ + ]