Apollo Tyres' Q1 FY 2026-27 Quarterly Results

Result Summary

• Apollo Tyres Ltd reported a 1.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 13.3%.
• Its expenses for the quarter were up by 3.8% QoQ and 13.6% YoY.
• The net profit decreased 44.7% QoQ and increased 2608.6% YoY.
• The earnings per share (EPS) of Apollo Tyres Ltd stood at 5.52 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Apollo Tyres Ltd is a prominent player in the tyre manufacturing industry, known for producing a wide range of tyres for various types of vehicles including passenger cars, trucks, and buses. The company operates globally, with significant market presence in regions like India, Europe, and other emerging markets. Apollo Tyres is recognized for its focus on innovation and quality, striving to meet diverse customer needs in the automotive sector. While recent major developments specific to the company are not available in the provided data, Apollo Tyres is generally involved in expanding its production capabilities and enhancing its product portfolio to address changing market demands.

Revenue

In Q1 FY27, Apollo Tyres Ltd reported a total income of ₹7456.12 crores, compared to ₹7370.90 crores in Q4 FY26 and ₹6579.65 crores in Q1 FY26. This reflects a quarter-over-quarter (QoQ) increase of 1.2% and a year-over-year (YoY) growth of 13.3%. The steady increase in total income over both periods indicates a positive revenue trajectory for the company. The YoY growth suggests an expansion in sales or improved pricing strategies contributing to higher revenue realization compared to the previous year.

Profitability

The profitability metrics for Apollo Tyres Ltd in Q1 FY27 show a significant improvement. The profit before tax (PBT) stood at ₹467.63 crores, a substantial rise from ₹161.40 crores in Q4 FY26 and ₹38.30 crores in Q1 FY26. This equates to a QoQ increase of 189.7% and an exceptional YoY growth of 1121.0%. Despite these gains, the profit after tax (PAT) for Q1 FY27 was ₹348.87 crores, which is a decrease of 44.7% from ₹630.97 crores in Q4 FY26, but a notable increase from ₹12.88 crores in Q1 FY26, reflecting a YoY growth of 2608.6%. The earnings per share (EPS) in Q1 FY27 was ₹5.52, compared to ₹9.97 in Q4 FY26 and ₹0.20 in Q1 FY26, revealing a QoQ decline of 44.6% but a considerable YoY increase of 2660.0%.

Operating Metrics

During Q1 FY27, total expenses for Apollo Tyres Ltd were ₹7012.03 crores, up from ₹6753.36 crores in Q4 FY26 and ₹6171.15 crores in Q1 FY26. The expenses increased by 3.8% QoQ and 13.6% YoY, aligning with the increase in total income. The tax expense for the same quarter was ₹118.82 crores, contrasting with a tax benefit of ₹469.32 crores in the previous quarter and a tax expense of ₹25.48 crores in Q1 FY26. The change in tax expense percentage reflects a shift in tax strategy or provisions affecting the net income. The fluctuation in tax expenses from a benefit to an expense indicates a notable adjustment in the financial obligations of the company over the quarters.