WRAPUP -Apollo Tyres may raise prices again; Q1 profit flat

Newswire

* Maintains Q1 profit level; fares better than peers * Recovery in overseas markets buoys profits * To invest in capacity expansion in India, Europe, S.Africa (Adds quotes, shares) By Aniruddha Basu MUMBAI, July 29 (Reuters) - Apollo Tyres Ltd managed to maintain its April-June net profit despite a surge in input costs, faring better than other tyre firms whose quarterly profits fell, but said it may have to raise tyre prices again if input costs kept rising. Apollo Tyres, ...

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