APOLLO TYRES REPORTS HUGE RECOVERY IN MARCH QUARTER EARNINGS

HIGHLIGHTS

• Due to lockdown caused by COVID-19 pandemic, many businesses faced losses.
• Apollow Tyres have reported huge recovery in MAR quarter of this year.
• Apollo Tyres witnessed a sharp 61.69% increase in raw material cost during this quarter.
• Increase happened due to the sharp jump in commodity costs and other expenses.

One of the largest tyre manufacturer....