UPDATE 2-Apollo Tyres net rises, sees tough times ahead
(Adds outlook, quotes)
NEW DELHI, May 9 (Reuters) - Apollo Tyres' (APLO.BO: Quote, Profile, Research) quarterly profits rose by over a third, helped by sales of high-margin products, but the tyre maker is bracing for tough times ahead, mulling price hikes as rising input costs weigh.
Prices of key raw materials for tyres have shot up. Rubber <0#JRU:> is edgin
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