Apollo, established in 1972, manufactures automatic bias and radial tyres, and tubes. It has plants in Kochi, Vadodara, Pune, and Chennai. The product profile includes prominent tyre brands in the T&B, light truck, passenger car, and farm vehicle segments in India, catering to both original equipment manufacturers, and the replacement market.
Financial Results:
Apollo Tyres Ltd reported Revenues for Q2FY25 of ₹6,437.00 Crores up from ₹6,280.00 Crore year on year, a rise of 2.5%.
Total Expenses for Q2FY25 of ₹6,055.00 Crores up from ₹5,613.00 Crores year on year, a rise of 7.87%.
Consolidated Net Profit of ₹297.00 Crores down 37.34% from ₹474.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.68, down 37.35% from ₹7.47 in the same quarter of the previous year.