Apollo Tyres reports a sharp turnaround in its consolidated performance for the quarter ended June 2026. Multiple outlets state the company’s consolidated net profit rises to about Rs 349 crore (Rs 348.87 crore in one report), compared with roughly Rs 12.8 crore in the same quarter of the previous year. Revenue also increases: one source says revenue from operations reaches Rs 7,397.79 crore, up from Rs 6,560.76 crore a year earlier, and another highlights that revenue grows 13%. Total income for the quarter is reported at Rs 7,456.12 crore, up from Rs 6,579.65 crore year-on-year. Total expenses are stated at Rs 7,012.03 crore versus Rs 6,171.15 crore in the prior year quarter. One outlet attributes the year-on-year improvement largely to the fading effect of a one-time loss. Another source adds that the company records an exceptional expense of Rs 23.54 crore during the quarter, including an interim distribution received from IL&FS Financial Services Ltd. Separately, Apollo Tyres announces the resignation of Gaurav Kumar as Whole-time Director effective 6 August 2026, while he continues as chief financial officer for a transitional period.
Apollo Tyres reports June quarter profit of about Rs 349 crore; revenue rises 13%
Apollo Tyres reports a sharp turnaround in its consolidated performance for the quarter ended June 2026. Multiple outlets state the company’s consolidated net profit rises to about Rs 349 crore (Rs 34...
- Apollo Tyres posts consolidated net profit of about Rs 349 crore for the quarter ended June 2026, up from about Rs 12.8 crore a year earlier.
- Revenue from operations increases to about Rs 7,397.8 crore, reflecting roughly a 13% year-on-year rise.
- Total income for the quarter is reported at Rs 7,456.1 crore, higher than Rs 6,579.7 crore in the year-ago quarter.
- Total expenses rise to Rs 7,012.0 crore from Rs 6,171.2 crore year-on-year.
- The company reports an exceptional item of Rs 23.54 crore and announces the resignation of Gaurav Kumar as Whole-time Director effective 6 August 2026.
Apollo Tyres posted a consolidated net profit of Rs 349 crore for the quarter ended June 2026, compared with Rs 12.8 crore in in the year-ago period.
3 hours agoApollo Tyres posted a consolidated net profit of Rs 349 crore for the quarter ended June 2026, compared with Rs 12.8 crore in in the year-ago period.
3 hours agoMumbai: Apollo Tyres Ltd announced on Thursday its consolidated net profit surged to ₹348.87 crore for the quarter ended 30 June 2026. This compares to a net profit of ₹12.88 crore reported in the corresponding quarter of the previous fiscal year.Revenue PerformanceThe company's revenue from operations reached ₹7,397.79 crore for the quarter, an increase from ₹6,560.76 crore in the quarter ended 30 June 2025. Total income for the quarter stood at ₹7,456.12 crore, up from ₹6,579.65 crore year-on-year.Apollo Tyres FY26 Revenue Climbs To ₹2.85 Lakh Crore, Board Announces ₹6 Per Share Dividend Expense OverviewTotal expenses for the reporting quarter were ₹7,012.03 crore, an increase from ₹6,171.15 crore in the year-ago period. Employee benefits expense rose to ₹962.80 crore from ₹869.55 crore.Earnings Per ShareBasic earnings per share (EPS) for the quarter were ₹5.52, a substantial rise from ₹0.20 in the same quarter last year. Diluted EPS also increased to ₹5.52 from ₹0.20.Director ResignationThe company announced the resignation of Gaurav Kumar as Whole-time Director and a member of the Risk Management Committee, effective close of business hours on 6 August 2026. Kumar will continue as Chief Financial Officer for a transitional period, the company said.Exceptional ItemsDuring the quarter, Apollo Tyres recorded an exceptional expense of ₹23.54 crore. This includes ₹24.74 crore received from IL&FS Financial Services Ltd as an interim distribution, disclosed as an exceptional item.Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.
4 hours agoMultiple companies report Q2 2026 and Q1 2027 earnings call presentations
Several outlets publish earnings materials covering different companies’ latest results. Seeking Alpha provides earnings...
Q2 2026 earnings calls cover financial results and operational updates across multiple utilities and energy firms
Multiple outlets publish materials and summaries from Q2 2026 earnings calls for companies spanning utilities and energy...
Multiple U.S. financial firms report 2026 Q2 earnings on earnings calls
Several U.S. financial companies hold 2026 second-quarter earnings calls and publish related presentation materials or s...