Apollo Tyres on August 7 reported a net profit of Rs 302 crore in the first quarter of FY25, declining 24 percent from Rs 397 crore posted in the corresponding period of the previous financial year, the company said in an exchange filing.
The tyre maker had registered a net profit of Rs 354 crore in the March quarter.
However, the firm's revenue from operations rose marginally to Rs ,6334.8 crore in the reported quarter from Rs 6,244.5 crore in the year-ago period. In the March quarter, the firm had posted a revenue of Rs 6258.2 crore.
On August, 7, the shares of the company on NSE ended 0.51 percent higher at Rs 518 apiece.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
