ICICI Securities Ltd | Retail Equity Research Apollo Tyres' (ATL) Q2FY18, consolidated revenues grew 12.7% YoY to | 3,477 crore as India business reported strong growth of 18% YoY (volume growth of ~10% YoY while the value & product mix grew 8% YoY). Revenues (adjusting excise duty) from Asia Pacific Middle East & Africa (APMEA) grew 17.8% YoY to | 2,519 crore while revenue from Europe increased 1.4% YoY to | 1006 crore EBITDA margins were at 10.5% (down 373 bps YoY, up 216 bps...