Net profit of Apollo Tyres rose 70.01% to Rs 496.63 crore in the quarter ended December 2023 as against Rs 292.11 crore during the previous quarter ended December 2022. Sales rose 2.69% to Rs 6595.37 crore in the quarter ended December 2023 as against Rs 6422.75 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales6595.376422.75 3 OPM %18.3214.22 - PBDT1103.50778.17 42 PBT735.89423.73 74 NP496.63292.11 70 Powered by Capital Market - Live News

Apollo Tyres will hold a meeting of the Board of Directors of the Company on 7 February 2024.Powered by Capital Market - Live News

Net profit of Apollo Tyres rose 164.37% to Rs 474.25 crore in the quarter ended September 2023 as against Rs 179.39 crore during the previous quarter ended September 2022. Sales rose 5.43% to Rs 6279.57 crore in the quarter ended September 2023 as against Rs 5956.05 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales6279.575956.05 5 OPM %18.4711.95 - PBDT1052.49586.97 79 PBT692.23238.44 190 NP474.25179.39 164 Powered by Capital Market - Live News

Apollo Tyres will hold a meeting of the Board of Directors of the Company on 7 November 2023.Powered by Capital Market - Live News

Apollo Tyres announced that the Securities Appellate Tribunal (SAT) vide its order dated 27 September 2023 has quashed the order dated November 22, 2018 passed by SEBI in its entirety and directed SEBI to refund the penalty amount to the Company within 4 weeks from the date of its order. Background: SEBI vide its order dated 22 November 2018 had imposed a penalty of Rs. 65 lakh on the Company for the alleged violation of the provisions of Regulations 4(1), 5A and 19(7) of the Buy Back Regulations, 1998 pertaining to the buy-back of shares held by notified parties, in the year 2003. Further, the Company had deposited the penalty amount under protest to SEBI and simultaneously, an appeal was filed before SAT against the order passed by SEBIPowered by Capital Market - Live News