494.25
2.87%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Apollo Tyres (ATL) posted a disappointing set of Q3FY19 numbers Consolidated revenues came in at | 4,718 crore (up 16.5% YoY) Consolidated EBITDA increased 6.2% YoY to | 527 crore. EBITDA margins came in at 11.2% (up 20 bps QoQ). Margins came in lower on account of significantly higher raw material cost, partly mitigated by lower employee as well as other expenses Consolidated PAT declined 19.3% YoY to | 197.9 crore...
Apollo Tyres Ltd. is trading at high day volume of 4.6M.
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