Do More With Reuters

UPDATE 2-Apollo Tyres net rises, sees tough times ahead

Fri May 9, 2008 5:43pm IST
 
Email | Print | | Single Page
[-] Text [+]

(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

 
Photo

Catch the latest as India acts to quash inflation and guard food supplies.  Full Coverage 

Photo

India and South Asia market Technical Analysis with Phil Smith

Symbol Bid Ask
BRENT CRUDE $0.00 $0.00
GOLD $0.00 $0.00
SILVER $0.00 $0.00