Apollo Tyres Q2 profit falls 13% amid restructuring cost hit
Apollo Tyres Ltd reported its consolidated profit after tax slipped 13 % year-on-year to ₹258 crore for the quarter ended September, as the company booked a sizable provision of ₹176 crore for restructuring its Netherlands-based plant. The Economic Times Revenue from operations rose to ₹6,831 crore from ₹6,437 crore in the same quarter a year…