Apollo Tyres posted consolidated net profit at ₹83.99 crore for the fourth quarter of 2018-19 , hit by ₹100 crore write-off related to IL&FS.Apollo Tyres had posted a net profit of ₹250.10 for the fourth quarter of 2017-18
Apollo’s standalone net sales grew by 16% yoy and 0.5% qoq to ₹ 30.6bn. The yoy growth came on the back of 11% blended volume growth, out of which the TBR segment volumes grew at double digit yoy, while PCR de-grew in mid-single digit.
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