Apollo Tyres Q2 FY10 : Net surges 1210%

by khalid on 21/10/2009 · 0 comments

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Apollo Tyres has achieved a significant rise in profit and posted a net profit of Rs 102 crore in the Q2 of the current fiscal. The company had recorded a net profit of Rs 7.8 crore in the corresponding quarter of the last fiscal. This is an increase of 1210% in profit.

The company informed the market that net sales in the present Q2 of current fiscal is Rs 12203.29 million and it is a rose of 24.43% as compared to the corresponding quarter of the last fiscal. Total income too rose by 24.52% to 12215.85 million.

Apollo Tyres share’s CMP is Rs 54.75 on 20th Oct 09.

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