The company had posted a consolidated net profit of Rs 179.39 crore in the same period last fiscal, Apoll ...More

The company had posted a consolidated net profit of Rs 179.39 crore in the same period last fiscal, Apollo Tyres said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 6,279.67 crore as against Rs 5,956.05 crore in the year-ago period, it added. ...Less

Revenue from operations in the second quarter rose 18 per cent to Rs 5,077 crore as against Rs 4,295 cror ...More

Revenue from operations in the second quarter rose 18 per cent to Rs 5,077 crore as against Rs 4,295 crore in the year-ago period, Apollo Tyres said in a statement. ...Less

The company said the cost of materials consumed was lower at Rs 2,634.92 crore in the second quarter of t ...More

The company said the cost of materials consumed was lower at Rs 2,634.92 crore in the second quarter of the ongoing fiscal as against Rs 3,101.56 crore in the year-ago period. ...Less

Kanwar said Apollo Tyres is looking forward to a similar growth momentum in the next few quarters as well ...More

Kanwar said Apollo Tyres is looking forward to a similar growth momentum in the next few quarters as well. ...Less

Apollo Tyres on Thursday reported a 13 per cent year-on-year decline in its consolidated profit after tax ...More

Apollo Tyres on Thursday reported a 13 per cent year-on-year decline in its consolidated profit after tax to Rs 258 crore in the September quarter, hit by Rs 176 crore provision for its Netherlands-based plant restructuring. ...Less

Apollo Tyres reported a 37% decline in its consolidated net profit for the September 2024 quarter, reachi ...More

Apollo Tyres reported a 37% decline in its consolidated net profit for the September 2024 quarter, reaching Rs 297 crore. The company attributed the decrease to weak demand in the Indian OEM segment and a surge in raw material costs. Despite this, revenue from operations saw a slight increase to Rs 6,437 crore compared to the same period last year. ...Less

"We continued with our resolve towards profitable growth, despite the headwinds. Our cost control measure ...More

"We continued with our resolve towards profitable growth, despite the headwinds. Our cost control measures, and timely pricing actions, have helped maintain our profitability in a quarter where the raw material prices were at their peak," Apollo Tyres Chairman Onkar Kanwar said in a statement. ...Less

The stock is currently trading at 1.1x FY14B P/B vs 1.3x 10-year historical average. ...More

The stock is currently trading at 1.1x FY14B P/B vs 1.3x 10-year historical average. ...Less

Apollo Tyres' shares rose 3% despite a 37% drop in Q2 profit to Rs 297 crore, attributed to weak demand i ...More

Apollo Tyres' shares rose 3% despite a 37% drop in Q2 profit to Rs 297 crore, attributed to weak demand in India and rising raw material costs. While European operations showed growth, the Indian market suffered from a slowdown in the commercial vehicle segment. Analysts maintain optimistic outlooks, citing potential for pricing improvements and robust European performance. ...Less