Archive · 6 Aug 2026
Apollo Tyres Q1 Net Profit Surges to ₹348.87 Crore
Apollo Tyres is a company that makes tyres for vehicles.
Companies tell people how much money they make every three months.
Apollo Tyres announced its results for the three months that ended on June 30, 2026.
The company made much more profit than it did in the same period last year.
Its net profit grew from just ₹12.88 crore to ₹348.87 crore.
The money it earned from selling its products also went up, from ₹6,560.76 crore to ₹7,397.79 crore.
Because the company earned more, each share of the company also earned more money.
A top official named Gaurav Kumar stepped down from one board role but will keep working as the Chief Financial Officer for a while.
The company also recorded a special expense and received some money from IL&FS Financial Services as an interim payment.
Overall, it was a very strong quarter for the company compared with last year.
Apollo Tyres Ltd reported consolidated net profit of ₹348.87 crore for the quarter ended 30 June 2026, up from ₹12.88 crore in the same quarter last year.
Revenue from operations rose to ₹7,397.79 crore from ₹6,560.76 crore year-on-year.
Total income for the quarter was ₹7,456.12 crore, compared with ₹6,579.65 crore in the year-ago period.
Basic and diluted earnings per share increased to ₹5.52 from ₹0.20 in the corresponding quarter of the previous fiscal year.
Gaurav Kumar resigned as Whole-time Director and Risk Management Committee member effective 6 August 2026, but will continue as Chief Financial Officer for a transitional period.
- Who
- Apollo Tyres Ltd, with Gaurav Kumar resigning as Whole-time Director while continuing as Chief Financial Officer
- What
- Reported consolidated net profit of ₹348.87 crore for the June quarter, a sharp rise from ₹12.88 crore a year earlier
- When
- Quarter ended 30 June 2026; results announced on Thursday, with Kumar's resignation effective 6 August 2026
- Where
- India (announced in Mumbai)
- Why
- Net profit surged alongside a rise in revenue from operations, which increased to ₹7,397.79 crore from ₹6,560.76 crore year-on-year
- Net Profit (June 2026 quarter)
- ₹348.87 crore
- Net Profit (June 2025 quarter)
- ₹12.88 crore
- Revenue from Operations
- ₹7,397.79 crore
- Total Income
- ₹7,456.12 crore
- Total Expenses
- ₹7,012.03 crore
- Earnings Per Share
- ₹5.52 (basic and diluted)
- Exceptional Expense
- ₹23.54 crore, including ₹24.74 crore from IL&FS Financial Services Ltd
- CFO
- Gaurav Kumar (transitional period after director resignation)