Apollo Tyres Limited

8%

small sequential improvement in margins despite a difficult operating environment. We took up to 8% price increase across categories in the replacement segments in Q1 and are taking further pricing

30%

as well. The Europe Operations reported another healthy quarter with revenue increase upwards of 30% and a healthy double digit EBITDA margin. The operations took well timed price increases of up to

10%

and a healthy double digit EBITDA margin. The operations took well timed price increases of up to 10%, and the control over costs together with that, helped us largely negate the impact of higher raw

INR 59.4 billion

sts and CapEx. Moving on to financial results, the consolidated revenue for the quarter stood at INR 59.4 billion, a growth of 30% over the same quarter last year, and a 7% growth on a sequential basis. The conso

7%

for the quarter stood at INR 59.4 billion, a growth of 30% over the same quarter last year, and a 7% growth on a sequential basis. The consolidated EBITDA for the quarter stood at INR 6.9 billion, a

INR 6.9 billion

ast year, and a 7% growth on a sequential basis. The consolidated EBITDA for the quarter stood at INR 6.9 billion, a margin of 11.6% compared to 12.4% for the same period last year, but an improvement over 11.2%,

11.6%

a sequential basis. The consolidated EBITDA for the quarter stood at INR 6.9 billion, a margin of 11.6% compared to 12.4% for the same period last year, but an improvement over 11.2%, which was the marg

12.4%

s. The consolidated EBITDA for the quarter stood at INR 6.9 billion, a margin of 11.6% compared to 12.4% for the same period last year, but an improvement over 11.2%, which was the margin in the last qua

11.2%

illion, a margin of 11.6% compared to 12.4% for the same period last year, but an improvement over 11.2%, which was the margin in the last quarter. The raw material costs, and the increases in that, cont

1.9x

atios given the focus on cash flows. The net debt to EBITDA for the consolidated operations was at 1.9x. For India Operations, the revenue for the quarter was at INR 44.4 billion, a very healthy growth

INR 44.4 billion

the consolidated operations was at 1.9x. For India Operations, the revenue for the quarter was at INR 44.4 billion, a very healthy growth of 38% over the same quarter last year and 11% on a sequential basis. This

38%

or India Operations, the revenue for the quarter was at INR 44.4 billion, a very healthy growth of 38% over the same quarter last year and 11% on a sequential basis. This was led by volume growth in ex