Apollo Tyres sees FY09 revenue rising 15 pct

NEW DELHI, May 9 (Reuters) - Apollo Tyres Ltd's (APLO.BO: Quote, Profile, Research) expects to grow revenue by 15 percent in the year to March 2009, and sees margins steady from a year ago, a senior official said on Friday.

"Margins will be more or less the same (as this fiscal)," Sunam Sarkar, chief of corporate strategy and marketing, told Reuters over the telephone, but added rising raw material prices were straining the margins. (Reporting by C.J. Kuncheria; Editing by Prem Udayabhanu)