May 10, 2018 / 1:01 PM / 10 days ago

BRIEF-India's Apollo Tyres March-Qtr Consol Profit Rises 9.6 Pct

May 10 (Reuters) - Apollo Tyres Ltd:

* MARCH QUARTER CONSOL PROFIT 2.50 BILLION RUPEES VERSUS PROFIT OF 2.28 BILLION RUPEES LAST YEAR

* CONSENSUS FORECAST FOR MARCH QUARTER CONSOL PROFIT WAS 2.45 BILLION RUPEES

* MARCH QUARTER CONSOL SALES 39.82 BILLION RUPEES VERSUS 35.33 BILLION RUPEES LAST YEAR

* RECOMMENDED FINAL DIVIDEND OF 3 RUPEES PER SHARE

* SEEKS SHAREHOLDERS' NOD FOR PRIVATE PLACEMENT OF NCDS NOT EXCEEDING 15 BILLION RUPEES WITHIN OVERALL BORROWING LIMITS OF CO Source text - bit.ly/2rwvotC Further company coverage:

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