Apollo sees whopping growth

INDIAN tyre maker Apollo Tyres’s consolidated revenues in the second quarter grew by a whopping 47% at Rs28.7 billion and for the first half of the year by 51% at Rs 56.9 billion. A large part of the growth in the July to September period came from Europe that accounted for a 43% increase in the top-line, compared to the same quarter last year. (PRA)