Apollo Tyres PAT of Rs 70 cr in the 2nd qtr

Apollo Tyres , one of the biggest tyre producers in India, is anticipated to report a consolidated PAT of Rs 70 cr in the 2nd qtr of Financial year 2012, a progress of 32percent when compared to Rs 53 cr in the similar qtr of last financial.

Revenues are seen rising 28percent to Rs 2,500 cr from Rs 1,948 cr while the similar period.

Operating profit margin will be at 9per cent in the July-September qtr of Financial year 2012 compared to 9.4percent in a yr ago period.

On qoq time frame, income are seen dropping 11.5percent and Profit after tax is anticipated to fall 9.6percent.

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