Apollo Tyres shares jump 4% on robust Q2
Apollo Tyres’ consolidated net profit jumped 164% YoY to ₹474 crore in Q2 FY24; revenue was up 5% at ₹6,280 crore.
Apollo Tyres’ consolidated net profit jumped 164% YoY to ₹474 crore in Q2 FY24; revenue was up 5% at ₹6,280 crore.
The tyre major posted 278% YoY jump in its consolidated net profit at ₹427 crore in Q4FY23, driven by decline in input cost.