Apollo Tyres reports positive numbers for 2nd quarter

Gurgaon, India – The Board of Directors of Apollo Tyres Ltd approved the company’s unaudited financial results for the 2nd quarter (July to Sept) and H1 (Apr to Sept) for the financial year 2025 – 26.

For the quarter ended September 30, 2025 Apollo Tyres Ltd, on a consolidated level, registered a revenue of Rs 6831 crores, an increase of 6% over the same period last fiscal. For the six months of the fiscal (April – September), the company reported a revenue of Rs 13,392 crores, an increase of 5% over the same period last fiscal. Positive revenue growth was reported from both Indian and European Operations in the second quarter, as well as, in the first half of the fiscal.

Quarterly Consolidated Performance Highlights
Q2 FY2025-26 (July – Sept) vs Q2 FY2024-25
Revenue from operations was up 6% to close at Rs 6831 crores, as against Rs 6437 crores in Q2 FY25
Operating profit was up 16% at Rs 1,021 crores, as against Rs 878 crores
Net profit for Q2 closed at Rs 258 crores, as against Rs 297 crores in the same period last fiscal (this includes the estimated pre-tax cost of restructuring amounting to Rs 176 crores, disclosed as an exceptional item)

Half Yearly Consolidated Performance Highlights
H1 FY 2025-26 (April-Sept) vs H1 FY 2024-25
Revenue from operations was up 5% to close at Rs 13,392 crores, as against Rs 12,772 crores in H1 FY25
Operating profit was up 6% at Rs 1,888 crores, as against Rs 1,787 crores
Net profit closed at Rs 271 crores, as against Rs 599 crores in the same period last fiscal (this includes the estimated pre-tax cost of restructuring amounting to Rs 545 crores, disclosed as an exceptional item)

Commenting on the company’s performance, Onkar Kanwar, Chairman, Apollo Tyres Ltd said “Favorable monsoon conditions, coupled with the Indian Government’s recent initiatives to rejuvenate the rural economy, drove positive growth in both the OEM and Replacement segments during the past quarter. Additionally, the GST rationalization implemented towards the end of the second quarter further stimulated demand across market segments in India. In Europe, our performance remained consistent with overall market growth.”