Apollo Tyres posted a strong set of third-quarter results, reporting a 40 percent year-on-year jump in consolidated net profit to Rs. 471 crore. The performance reflects disciplined cost management, favorable raw material trends and steady demand across key domestic and international markets. Improved operating efficiencies and a richer product mix helped offset pricing pressures and competitive intensity in the tyre industry. While volume growth remained measured, margin expansion emerged as the key earnings driver.
