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Corporate Results - Tyres


Apollo Tyres net up at Rs 16.69 cr in Q1

Our Bureau

New Delhi , July 22

APOLLO Tyres Ltd (ATL) has reported a net profit of Rs 16.69 crore for the first quarter ended June 30, 2005 as against a net profit of Rs 15.63 crore recorded in the same period during the previous year.

Net sales of the company for the period under review increased by 11 per cent to Rs 568.09 crore (Rs 511.55 crore).

ATL's equity share price, closed at Rs 243.55 at the end of the day's trading on the NSE on Friday.

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