Browsing tag: Apollo Tyres

Apollo Tyres Limited: Q1 RESULTS FY18-19

Apollo Tyres Limited, one of the leading tyre manufacturers in India, has posted its quarterly numbers when the market ends. The Company’s Q1 profit after tax (PAT) stands at INR 216.88 Cr as compared to INR 67.125 Cr a year ago. Read details – Revenue Apollo Tyres revenue from operation, on a standalone basis, grew by 19% year-on-year to INR 3021.15 Cr which was INR 2538.97 Cr for the period ends 30 June 2017. When compared to QoQ basis, the company’s revenue grew by 10%. The Company’s


TYRE Sector Q2 – FY 2017-18 was again a disappointing quarter for the tyre manufacturers in India. Click here to see Q1 Results. As far as numbers are concern, the profits of all the companies were down in the range of 16% to 96%, while revenues were almost flat to negative. The Common Parameter/s for such Performance for the Sector is/are - Higher Raw Material prices Positive Sign for the Tyre Sector - Results were an indication of the market that is showing signs of picking

Tyre Sector: Q4 ( JAN – MAR ’17 ) Result and Analysis

TYRE Sector: Q4 was disappointing for the Tyre sector. Click here for Q3 Results. Profitability of all the companies for the fourth quarter ended March 31, 2017, hurt by continued impact of demonetisation and spike in raw material prices. As far as numbers are concern, the profits of all the companies were down in the range of 22% to 32%, while revenues were up marginally in the range between 4% to 8%. Market leader MRF has posted decline both in profits as well as revenues, while

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Vishal Dalwadi

Vishal Dalwadi

Vishal is an MBA (Finance) post-graduate. He is the founder and owner of "FinBlab". His blog aims at providing information and research on Stock market and sectors including Mutual funds, IPOs, Insurance and more.

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