Apollo Tyres Q2 Profit Rises 13.3% to ₹292 Crore
Net profit reached ₹292.2 crore and revenue from operations grew 16.6% to ₹7,968.1 crore year on year. EBITDA margin contracted.
Tyre manufacturing company Apollo Tyres reported a 13.3% year-on-year increase in net profit to ₹292.2 crore for the second quarter, compared with ₹258 crore in the corresponding quarter last year. Revenue from operations grew 16.6% to ₹7,968.1 crore from ₹6,831 crore in Q2 of the previous financia…