Apollo Tyres - Q2 FY13 Results First Cut - Microsec

Apollo Tyres Ltd. announced its Q2 FY13 results on 2nd November 2012. The company's consolidated Net sales increased by 7% and 18% on QoQ and YoY basis respectively. EBITDA increased by 4% and 59% on QoQ and YoY basis respectively. EBITDA Margin of the company decreased from 11.11% to 10.87% on QoQ and. consolidated Net Profit increased by 10% and 96% on QoQ and YoY basis respectively. The revenue and PAT beat expectations and surprised on the positive.

Source : Equity Bulls

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