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NEW DELHI : Apollo Tyres on Tuesday reported a 7.36 per cent decline in its consolidated net profit to ₹77.8 crore for the fourth quarter ended March 31, 2020.

The company had posted a net profit of ₹83.99 crore for the January-March period of 2018-19. Total income of the company declined to ₹3,607.74 crore for the fourth quarter as compared with ₹4,322.24 crore in the same period of 2018-19, Apollo Tyres said in a statement. "Along with the demand in the replacement market, we saw some improvement in demand from OEs as well in the fourth quarter, before the widespread disruption caused by COVID-19 put us all in an uncharted territory," Apollo Tyres Chairman Onkar S Kanwar said.

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COVID-19
United States
United States
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Brazil
Brazil
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Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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