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May 13, 2012

Sales are up, profits are down for Apollo

Apollo Tyres Ltd. posted net income of 4.1 billion rupees on net sales of 121.5 billion rupees for its fiscal year ended March 31, 2012. That compares to income of 4.4 billion rupees on sales of more than 88.6 billion rupees for its previous fiscal year.

Tags: Apollo financials, Hall of fame, Onkar S Kanwar, Raw material costs, SEMA Show, UHP tires

February 9, 2012

Apollo's 3Q sales rose 36% year-to-year

Apollo Tyres Ltd. recorded net income of 980 million rupees on consolidated net sales of nearly 32.3 billion rupees for the third quarter ended Dec. 31, 2011. That compares to profit of 23.7 billion rupees for the same period a year ago.

Tags: Apollo financials, Onkar Kanwar, Truck tires

August 11, 2011

Apollo's 1Q net sales rise 55%; profit is up, too

Apollo Tyres Ltd. recorded net income of 771 million rupees on consolidated net sales of 28.2 billion rupees for its first quarter ended June 1, 2011. That compares to profits of 742 million rupees on sales of 18.2 billion rupees for the same period last year.

Tags: Apollo financials

May 12, 2011

Despite 'challenging' year, Apollo profits

Apollo Tyres Ltd. posted net profit of 4.4 billion rupees on net sales of 88.6 billion rupees for its fiscal year ended March 31, 2011. That compares to profit of 6.5 billion rupees on sales of 81.2 billion rupees for its previous fiscal year.

Tags: Apollo financials, India, Onkar Kanwar, Raw material costs

February 11, 2011

Apollo earns $12 million in third quarter

Apollo Tyres Ltd. recorded net income of 541 million rupees on net sales of 14.3 billion rupees for its third quarter ended Dec. 31, 2010. That compares to income of 1 billion rupees on sales of 13.2 billion rupees for the same period a year earlier.

Tags: Apollo financials, India

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