Net profit of Apollo Tyres soared 44% to Rs 2.2 billion (£21.7 million) during the second quarter of its financial year (July-September 2013). Operating profit rose 16% in the quarter to Rs 4.4 billion (S43.3 million). The company reported net sales of Rs 34.3 billion (£338.2 million), a slight increase over the same quarter a year earlier.
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