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Onkar Kanwar

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.

Tire Industry HOF inductees announced

The Tire Industry Association (TIA) has announced the recipients of the 2011 Tire Industry Hall of Fame. The Hall of Fame inductions are a part of TIA's Tire Industry Honors event, which will take place from 6:00 p.m. - 7:30 p.m. on Monday, Oct. 31, 2011, at The Cosmopolitan Las Vegas in Las Vegas, Nevada.

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.