Apollo Tyres, a prominent manufacturer of automotive tyres and tubes with multiple plants across India, reported mixed financial results for Q2FY26.
Financial Highlights:
- Revenues grew 6.12% year-on-year to ₹6,831 crore from ₹6,437 crore.
- Total expenses increased 3.95% to ₹6,294 crore from ₹6,055 crore.
- Consolidated net profit declined 13.13% to ₹258 crore from ₹297 crore.
- Earnings per share decreased 13.25% to ₹4.06 from ₹4.68.
The decline in profitability despite higher revenues reflects margin pressures likely from rising input costs, competitive pricing, and operational challenges.
Outlook:
Apollo Tyres is focused on enhancing product mix, operational efficiencies, and cost optimization to improve margins. The company aims to expand its presence in domestic and export markets, strengthen its brand, and invest in newer technologies, including sustainable and electric vehicle tyres.
For detailed analysis and updates, follow Apollo Tyres Ltd on the AlphaStreet India News Channel.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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