Browsing tag: ApolloTyres

Tyre Sector: Q1 ( Apr – Jun ’17 ) Numbers and Analysis


TYRE Sector: Q1 was a challenging rather disappointing quarter for almost all the tyre manufacturers due to the GST impact and peak RM prices. Both these factors have hit tyre companies top-line and bottom-line badly. As far as numbers are concern, the profits of the companies were down in the range of 46% to 99%, while revenues were up marginally in the range between 2% to 7%. Market leader MRF has posted a decline in profits (drops by as many as 63% compared to previous quarter) 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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