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Onkar Kanwar

Apollo improves profitability in 2Q

Apollo Tyres Ltd. posted net income of nearly 2.6 billion rupees on net sales of 33 billion rupees for its second quarter ended Sept. 30, 2014. That compares to income of 2.2 billion rupees on sales of 34.3 billion rupees for the same period in 2013.

Apollo Tyres net profit increases 37% in Q1

Apollo Tyres Ltd. announced that for the first quarter of the financial year 2014-15, the company had net sales of $540.9 million (32.35 billion Indian Rupees [IRP]), an operating profit of $76.5 million (4.58 billion IRP) and a net profit of $38.1 million (2.28 billion IRP).

Apollo Tyres third quarter profits up 84%

Apollo Tyres Ltd. posted net income of 1.8 billion rupees on consolidated net sales of 32.1 billion rupees for the third quarter ended Dec. 31, 2012. That compares to profit of 980 million rupees on sales of 32.3 billion rupees for the same period a year ago.

Kanwar emphasizes Vredestein as UHP brand

At Apollo Tyres Ltd.'s 39th annual general meeting in Kochi, India, Chairman Onkar S Kanwar shared the company's fiscal year results ended March 21, 2012, with shareholders.

Apollo Tyres net profit grows by 79%

Apollo Tyres Ltd. has reported net sales of $580 million and a net profit of $25 million for the first quarter of the financial year 2012-13.