Apollo Tyres consolidated net profit declines 60.51% in the March 2022 quarter

13 May 2022 , 07:50 AM

Net profit of Apollo Tyres declined 60.51% to Rs 113.45 crore in the quarter ended March 2022 as against Rs 287.27 crore during the previous quarter ended March 2021. Sales rose 11.00% to Rs 5578.32 crore in the quarter ended March 2022 as against Rs 5025.70 crore during the previous quarter ended March 2021. For the full year,net profit rose 82.35% to Rs 638.60 crore in the year ended March 2022 as against Rs 350.21 crore during the previous year ended March 2021. Sales rose 20.41% to Rs 20947.58 crore in the year ended March 2022 as against Rs 17397.00 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	5578.32	5025.70	11	20947.58	17397.00	20
OPM %	11.23	16.21	–	12.29	16.08	–
PBDT	535.53	772.36	-31	2253.26	2483.91	-9
PBT	160.19	424.66	-62	853.58	1168.96	-27
NP	113.45	287.27	-61	638.60	350.21	82

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