Apollo Tyres reports positive numbers for third quarter

Gurgaon, India – The Board of Directors of Apollo Tyres Ltd has approved the company’s unaudited financial results for the third quarter (October–December) and the nine-month period (April–December) of FY 2025–26.

For the quarter ended December 31, 2025, Apollo Tyres Ltd reported consolidated revenue of Rs 7,743 crores, a 12% increase compared to the same period last year. Both Indian and European operations delivered double-digit revenue growth during the quarter.

For the nine-month period (April–December), consolidated revenue stood at Rs 21,135 crores, reflecting a 7% increase over the corresponding period in the previous fiscal year.

Quarterly Consolidated Performance Highlights

Q3 FY2025–26 (Oct–Dec) vs Q3 FY2024–25
Revenue from operations increased by 12% to Rs 7,743 crores, compared to Rs 6,928 crores in Q3 FY25
Operating profit rose by 25% to Rs 1,186 crores, versus Rs 947 crores
Net profit grew by 40% to Rs 471 crores, compared to Rs 337 crores in the same quarter last year

Nine-Month Consolidated Performance Highlights
9M FY2025–26 (Apr–Dec) vs 9M FY2024–25
Revenue from operations increased by 7% to Rs 21,135 crores, compared to Rs 19,700 crores in 9M FY25
Operating profit rose by 12% to Rs 3,074 crores, versus Rs 2,734 crores

Net profit for the nine-month period stood at Rs 741 crores, compared to Rs 937 crores last year. This includes an estimated pre-tax restructuring cost of Rs 545 crores, disclosed as an exceptional item.

Commenting on the performance, Onkar Kanwar, Chairman, Apollo Tyres Ltd, said, “My compliments to the team for delivering double-digit volume growth across geographies and market segments in the past quarter. India recorded its best quarterly performance to date, driven by strong growth across replacement, exports, and OEM channels. Our European operations also performed in line with the broader market. Encouragingly, demand momentum remains healthy, and we expect this trajectory to sustain going forward.”