Apollo Tyres reports over 2-fold jump in Q1 consolidated net profit

11 Aug 2023 Evaluate

Apollo Tyres has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported over 3-fold jump in its net profit at Rs 302.65 crore for the quarter under review as compared to Rs 91.03 crore for the same quarter in the previous year. However, total income of the company decreased by 0.52% at Rs 4,441.85 crore for Q1FY24 as compared Rs 4,465.08 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 396.91 crore for the first quarter ended June 30, 2023 as compared to Rs 177.37 crore for the same quarter in the previous year. Total income of the company increased by 5.50% at Rs 6280.12 crore for Q1FY24 as compared Rs 5952.61 crore for the corresponding quarter previous year.

Apollo Tyres Share Price

533.35 1.25 (0.23%)
23-Dec-2024 09:09 View Price Chart
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Company Name CMP
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