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Apollo Tyres' MD, chairman saw salary rise even as profits fell: report

Updated : October 11, 2018 10:30 AM IST

Neeraj Kanwar, managing director and vice chairman of Apollo Tyres, saw a 42 percent hike in salary to Rs 42.75 crore, while the company’s net profit fell 34 percent to about Rs 724 crore, in the year ended March 31, 2018.
Onkar Singh Kanwar’s salary was up by 0.16 percent to about Rs 45 crore.
Apollo Tyres' MD, chairman saw salary rise even as profits fell: report

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