Apollo Tyres’ Onkar, Neeraj Kanwar saw salary rise even as profits fell
Apollo Tyres promoters Neeraj Kanwar and his father Onkar Singh Kanwar drew 42.75 crore and 45 crore salary, respectively, in fiscal 2018
Onkar Singh Kanwar and his son Neeraj Kanwar, promoters of India’s second-largest tyre company, Apollo Tyres Ltd, have drawn higher salaries in the four years since FY14 even as profitability and revenue declined in some years, data from the company’s annual reports show.
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