Apollo Tyres Q4 Results: Profit Falls On Exceptional Loss
Apollo Tyres recommended a dividend of Rs 5 per share at a face value of Re 1 each for fiscal 2025.
(Source: Freepik)
Apollo Tyres Ltd.'s consolidated net profit fell 48% in the fourth quarter of financial year 2025, according to an exchange filing on Wednesday.
The company posted a profit of Rs 185 crore in the January–March period as compared to Rs 354 crore in the year-ago period, according to an exchange filing on Wednesday. The tyre manufacturer reported a one-time loss of Rs 119 crore.
Apollo Tyres Q4 Highlights (Consolidated, YoY)
Revenue up 2.6% to Rs 6,423.6 crore versus Rs 6,258 crore.
Ebitda down 19% to Rs 836.9 crore versus Rs 1,027.6 crore.
Margin narrows to 13% versus 16.4%.
Net profit down 48% to Rs 185 crore versus Rs 354 crore.
Dividend
Apollo Tyres recommended a dividend of Rs 5 per share at a face value of Re 1 each for fiscal 2025, subject to the approval from the shareholders at its annual general meeting.
If the proposed dividend is approved, then it will be paid to the shareholders on or before 30 days from the conclusion of the AGM.
Segmental Sales (Consolidated, YoY)
Sales of Apollo Tyres in the Asia Pacific, Middle East and Africa region remained flat at Rs 4,449 crore, while the European segment saw a 1.4% increase to Rs 1,891 crore.
Shares of Apollo Tyres closed 0.62% higher at Rs 475.35 apiece on the National Stock Exchange, compared to a 0.44% rise in the benchmark Nifty. The stock has risen 0.25% in the last 12 months but fallen 10.21% on a year-to-date basis.
Out of 27 analysts tracking the company, 19 have a 'buy' rating on the stock, three recommend 'hold' and five suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 4.9%.
