Apollo Tyres announces Q3 results, net profit more than doubles to Rs.350.70 million

Apollo Tyres Ltd has announced the following Unaudited results for the quarter ended December 31, 2006:

The Company has posted a net profit of Rs 350.70 million for the quarter ended December 31, 2006 as compared to Rs 164.40 million for the quarter ended December 31, 2005. Total Income (net of excise) has increased from Rs 6786.10 million for the quarter ended December 31, 2005 to Rs 8576.30 million for the quarter ended December 31, 2006.

Source : Equity Bulls

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