Strong growth in the domestic replacement and original equipment (OE) segments, especially a more than 20 per cent rise in truck-bus radial sales, along with gains from the remeasurement of deferred tax liabilities, helped Apollo Tyres post a more than three-fold jump in consolidated net profit for the fourth quarter ended March 31.
The company on Thursday reported a consolidated net profit of ₹631 crore for Q4 FY26, compared with ₹185 crore in the corresponding quarter of the previous financial year.
Consolidated revenue from operations rose 14 per cent year-on-year to ₹7,336 crore during the quarter, as against ₹6,424 crore in the year-ago period, reflecting sustained demand momentum in the domestic market.
“Our performance in India remained robust, particularly in the replacement and original equipment (OE) segments, with truck-bus radials recording growth of over 20 per cent in Q4. Our European Operations performed in line with prevailing market conditions,” Onkar Kanwar, Chairman, Apollo Tyres, said.
The company said India continued to drive growth even as geopolitical tensions in West Asia remained a concern for global business conditions.
“While ongoing geopolitical tensions in West Asia continue to pose headwinds, the company remains optimistic about sustained demand momentum in India, supported by positive rural sentiment,” Kanwar added.
For the full year FY26, consolidated net profit rose 22.3 per cent y-o-y to ₹1,372 crore from ₹1,121 crore in the previous fiscal, while consolidated revenue from operations increased 9 per cent to ₹28,471 crore from ₹26,123 crore in FY25.
Meanwhile, the Board has recommended a final dividend of ₹2.50 per equity share of face value ₹1 for FY26, subject to shareholder approval at the upcoming annual general meeting. This is in addition to the interim dividend of ₹3.50 per share already paid during the year, taking the total dividend for FY26 to ₹6 per share.
Shares of Apollo Tyres closed at ₹401.70 apiece on the BSE on Thursday, up 1.31 per cent from the previous close.
Published on May 14, 2026