08
Aug
Apollo Tires Q1 results: Apollo Tires on Wednesday, August 7 announced its April-June quarter results for the financial year 2024-25 (Q1FY25), reporting a 24 percent decline in net profit at ₹302 crore. While it was ₹397 crore last year. Same period last year. The Chennai-based tire maker's revenue from operations rose 1.4 percent to ₹6,335 crore in the first quarter of the current financial year, compared to ₹6,244 crore in the year-ago period.The company's net profit has declined due to lower sales and increased raw material costs. Apollo Tires' operating performance or EBITDA (earnings before interest, taxes, depreciation and amortization)…