Apollo Tyres consolidated net profit declines 12.17% in the December 2019 quarter

Capital Market 

Sales decline 6.62% to Rs 4347.16 crore

Net profit of Apollo Tyres declined 12.17% to Rs 173.86 crore in the quarter ended December 2019 as against Rs 197.95 crore during the previous quarter ended December 2018. Sales declined 6.62% to Rs 4347.16 crore in the quarter ended December 2019 as against Rs 4655.37 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales4347.164655.37 -7 OPM %12.2711.33 -PBDT484.03511.93 -5 PBT201.07310.88 -35 NP173.86197.95 -12

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First Published: Wed, February 05 2020. 14:59 IST