Apollo Tyres expects to continue its historical growth rate of sales increasing by 18 percent each year. The company reported a net profit of Rs 1200 million (€22.7 million) on gross sales of Rs 20,256 million (€384 million) for the 12 months ending March 2003. In a statement, Apollo Tyres said margins had been under pressure because of high natural rubber prices
This is an external link and should open in a new window. ERJ is not responsible for the content of external sites.
Sify (India) story
Apollo Website