Apollo Tyres aims to double revenue to $5 billion by 20261 min read . Updated: 30 Jun 2021, 12:08 PM IST
- Apollo Tyres reported a 270.5% year-on-year increase in consolidated net profit to Rs289 crore for the fourth quarter of FY21, as vehicle production revived
NEW DELHI: Apollo Tyres Ltd, the country’s largest tyre manufacturer, plans to double its revenue to $5 billion in the next five years by 2026 and improve operating profit margin to more than 15% on the back of growth in revenues and cost cutting strategies adopted by the company.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more