Apollo Tyres began its 2025-26 financial year with steady revenue gains. The company said gains were driven by strong aftermarket sales in India.
For the quarter ended June 30, Apollo reported consolidated revenue of Rs 6,561 crores (approx. $766 million). Apollo Tyres said that’s a 4% increase in revenue gains from the same quarter last year. The company’s Indian operations showed steady growth, while its European operations performed well despite seasonal softness and challenging market conditions.
Operating profit was Rs 868 crores (approx. $101 million), slightly down from Rs 909 crores a year ago. Net profit for the quarter was Rs 381 crores (approx. $44 million), up from Rs 302 crores in the same period last year, excluding an exceptional restructuring cost of Rs 368.5 crores.
“This quarter’s results reflect solid execution and a focus on profitable growth. It’s encouraging to see Indian Operations performing in line with expectations — driven particularly by strong momentum in the aftermarket segment,” said Onkar Kanwar, Chairman, Apollo Tyres. “These results underscore the resilience of our business model and our ability to create long-term value for shareholders.”
