Announcing in late April that it has partially resumed operations at its Perambra plant in Kerala, Apollo Tyres closed FY 2019-20 with Rs.16096 crores worth of sales. It reported a net profit of Rs.476 crores. Recording Rs.3551 crores worth of net sales for the fourth quarter, and Rs.78 crore worth of net profit for the same period, the India tyre[Read More…]
The 11th edition of Apollo-CV Awards (2020) turned yet another leaf in its life. Held on February 20, 2020, at Mumbai, the event began with a keynote address by Kavan Mukhtyar, Partner & Leader- Automotive, Price Waterhouse Coopers. Receiving strong support from the CV industry, the keynote address was followed by a panel discussion on ‘Green CVs for sustainable mobility’.[Read More…]
Ashok Leyland and Apollo Tyres have teamed up to drive initiative providing healthcare benefits to the truck drivers in Namakkal, a primary transhipment hub in Tamil Nadu. Having been run by Apollo Tyres, the healthcare center, is established at the Ashok Leyland’s Driver Training Institute at Namakkal. The inauguration was facilitated by Anuj Kathuria, Chief Operating Officer, Ashok Leyland and[Read More…]
Story by: Deven Lad Announcing Vision 2020, which is about becoming a premier tyre company with a diversified and multi-national presence, Apollo Tyres has reported 18 per cent growth in FY2018-19 at Rs.17273 crores as against Rs.14674 crores in FY2017-18. Reporting a net profit of Rs.680 crores, the CV tyre major is pushing for integrated thinking as the key to[Read More…]
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