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.
Apollo's Income and Sales Fall in 4Q
Apollo Tyres Ld. posted net income of 2.5 billion rupees on net sales of 29.7 billion rupees for its fourth quarter ended March 31, 2016. That compares to income of nearly 3.1 billion rupees on sales of 31.3 billion rupees for the year-ago quarter.