ICICI Securities Ltd | Retail Equity Research Apollo Tyres' (ATL) Q1FY18, consolidated revenues were at | 3,283 crore (down 0.9% YoY) vs. our estimate of | 3,649 crore. Revenue was impacted mainly after 1) the domestic business reported volume de-growth of 4% volume impacted by transition to BS IV norms & implementation of GST in Q1FY18 while 2) currency fluctuations impacted European operations. Revenues from Asia Pacific Middle East and Africa (APMEA) grew 0.9% YoY to | 2,584 crore while...