 "Kerala floods: Apollo Tyres says production at Perambra and Kalamassery plants near normalcy")
New Delhi: Apollo Tyres on Wednesday said production operations at its plants in Kerala have reached near normalcy post floods.
Apollo Tyres, which had earlier informed of disruption of operations at Perambra and Kalamassery plants in the state, said there was production loss of 3,000 metric tonne due to the natural calamity.
“The production at the plants is near normalcy,” the company said in a regulatory filing.
It was disrupted as many employees couldn’t reach the plants.
“There is no damage to equipment or property, and all our employees are safe and secure. The production loss due to this natural calamity is 3,000 MT (approximately). However, consequential loss of profit is not significant,” it said.
The production loss due to natural calamity is adequately covered under the insurance policy of the company.
Shares of Apollo Tyres were trading 0.71 percent lower at Rs 239.35 apiece on BSE.
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 "No power, no food: How Andhra, Tamil Nadu are reeling from Cyclone Michaung")
 "Somalia floods: Death toll climbs to 96, around 700,000 displaced")
 "Sikkim floods: How glacial lake outburst flood (GLOF) led to massive devastation")
 "Streets submerged, subway swamped: How flooding in New York caused chaos")