INSUBCONTINENT EXCLUSIVE:
Shares of Apollo Tyres settled 1.37 per cent lower at Rs 222.40 apiece on the BSE.Share price of Apollo Tyres edged lower by more than one
per cent on Thursday, August 5, a day after announcing its April-June quarter results for the financial year 2021-22
On Thursday, Apollo Tyres opened on the BSE at Rs 225.50, inching to an intra day high of Rs 231.40 and an intra day low of Rs 221.20,
throughout the trading session today
Apollo Tyres reported a net profit of Rs 128 crore on a consolidated basis in the first quarter of the current fiscal, compared to a net
loss of Rs 135 crore in the corresponding quarter last year.The company's revenue from operations in the June quarter stood at Rs 4,854
crore, compared to Rs 2,882 crore in the same quarter last year, registering a growth of 59 per cent year-on-year, according to a regulatory
filing by the company to the stock exchanges.Apollo Tyres' total income in the Juen quarter stood at Rs 4,624 crore, compared to Rs 2,900
crore in the year-ago period
The APMEA (Asia Pacific, Middle East, and Africa) segment reported revenue of Rs 3,272 crore in the June quarter.On the NSE, Apollo Tyres
opened at Rs 226.25, touching an intra day high of Rs 231.50 and an intra day low of Rs 221, during the session today.Shares of Apollo Tyres
