News

Apollo Prepares for Rising Raw Material Costs

Apollo Tyres Ltd. posted net profit of nearly 3 billion rupees on net sales of 34.3 billion rupees for its third quarter ended Dec. 31, 2016. That compares to profit of 2.8 billion rupees on sales of 29.3 billion rupees for the third quarter of Apollo's 2015-2016 fiscal year.

"I am confident that we can meet our commitment of rolling out the first tires from the Hungarian plant by early 2017," said Apollo Chairman Onkar S Kanwar.
News

Confident Kanwar Lays Out Apollo's Strategy

In his speech to Apollo Tyres Ltd.'s shareholders at the 43rd Annual General Meeting, Chairman Ankar S Kanwar said the company is financially secure heading into the future. That includes selling tires online.

News

Apollo Remains Highly Profitable Despite 1Q Dip in Income

Apollo Tyres Ltd. posted net income of more than 3.1 billion rupees on net sales of 32.8 billion rupees for its first quarter ended June 30, 2016. That compares to income of 2.8 billion rupees on sales of 28.3 billion rupees for the first quarter of Apollo's 2015-2016 fiscal year.

News

Apollo's 3Q Results Feature Increased Profitability

Apollo Tyres Ltd. posted net income of 2.8 billion rupees on net sales of 29.3 billion rupees for its third quarter ended Dec. 31, 2015. That compares to income of 1.8 billion rupees on sales of nearly 30.4 billion rupees for the same period a year earlier.

News

Gori Earns a Place on Apollo's Board of Directors

Francesco Gori, former Pirelli Tyre SpA CEO and managing director, and Padma Bhushan Shri Vinod Rai, former comptroller and auditor general of India, have been appointed to the Apollo Tyres Ltd.'s board of directors.

News

Apollo Increases Net Profits in 2Q

Apollo Tyres Ltd. posted net income of 2.8 billion rupees on net sales of nearly 30 billion rupees for the second quarter ended Sept. 30, 2015. That compares to income of nearly 2.6 billion rupees on sales of 33.3 billion rupees for the same period last year.

News

Less sales, more profit for Apollo

Apollo Tyres Ltd. posted net income of 2.9 billion rupees on net sales of 28.3 billion rupees for the first quarter ended June 30, 2015. That compares to income of nearly 2.3 billion rupees on sales of 32.2 billion rupees for the same period last year.

News

Apollo increases profits in 4Q

Apollo Tyres Ltd. posted net income of nearly 3.1 billion rupees on net sales of 31.1 billion rupees for its fourth quarter ended March 31, 2015. That compares to income of 32.3 million rupees on sales of 2.8 million rupees for the same period 12 months prior.

News

Apollo suffers because of South African subsidiary

Apollo Tyres Ltd. posted net income of more than 1.8 billion rupees on net sales of 31 billion rupees for its third quarter ended Dec. 31, 2014. That compares to income of nearly 3.4 billion rupees on sales of 35.6 billion rupees for the same period in 2013.

News

Apollo's 3Q results are up, up, up

Apollo Tyres Ltd. posted net income of nearly 3.4 billion rupees on net sales of more than 34.7 billion rupees for its third quarter ended Dec. 31, 2013. That compares to income of 1.8 billion rupees on sales of more than 32.1 billion rupees for the same period one year prior.

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