Apollo Tyres mentioned that following the proposed adoption of the concessional tax regime, it has remeasured its deferred tax liabilities utilizing the diminished relevant tax charge. The corporate said that the ensuing web influence of ₹574 crore has been recognised within the profit and loss in the course of the yr.
Income rose 14% yr-on-yr to ₹7,336 crore from ₹6,424 crore within the corresponding quarter. EBITDA elevated 28% to ₹1,069 crore from ₹837 crore a yr earlier. The EBITDA margin grew to 14.6%, up from 13% within the yr-in the past interval.
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The tyre producer has re-measured deferred tax liabilities utilizing the diminished relevant tax charge, resulting in a web optimistic influence of Rs 573.67 crore, the submitting added. Complete bills within the quarter below evaluation have been increased at Rs 6,753.36 crore, in comparison with Rs 6,072.67 crore in the identical interval a yr in the past.
The corporate has determined to undertake the concessional tax regime below the Finance Act, 2026, following which its relevant tax charge shall be diminished to 25.17% from the sooner charge of 34.94% exemption in MAT, Apollo Tyres mentioned.
For FY26, consolidated web profit stood at Rs 1,372.42 crore as towards Rs 1,121.32 crore in FY25. Consolidated income from operations for your complete monetary yr stood at Rs 28,470.6 crore, in comparison with Rs 26,123.42 crore in FY25, the submitting mentioned.
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Apollo Tyres Ltd Chairman, Onkar Kanwar, mentioned, “Our efficiency in India remained sturdy, significantly within the substitute and OE segments, with truck-bus radials recording progress of over 20 per cent in Q4.
Our European Operations carried out according to prevailing market situations. Whereas ongoing geopolitical tensions in West Asia proceed to pose headwinds, we stay optimistic about sustained demand momentum in India, supported by optimistic rural sentiment.”
The tyre firm has really helpful a final dividend of ₹2.50 per fairness share for FY26. The dividend represents 250% on fairness shares with a face worth of ₹1 every, topic to shareholder approval on the ensuing annual normal assembly.
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The payout can be made or dispatched inside 30 days from the conclusion of the AGM. The corporate had paid an interim dividend of ₹3.50 per fairness share throughout FY26, representing 350%. Together with each, the overall dividend for FY26 stands at ₹6 per fairness share, or 600% on face worth.
Shares of Apollo Tyres Ltd ended at ₹404, up by ₹7.50, or 1.89%, on the BSE as we speak, Might 14.
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