Apollo Tyres FY25 Results: Revenue Rises, Profit Declines

Key Highlights:

• In FY25, Apollo Tyres' total revenue increased by 3% to ₹26,123 crore.
• Operating profit for FY25 dropped to ₹3,572 crores from ₹4,447 crores last year.
• Net profit for the full year declined to ₹1,121 crores from ₹1,722 crores.
• Q4 FY25 operating profit stood at ₹837 crores, down from ₹1,028 crores in Q4 FY24.
• A dividend of ₹5.00 per share (500%) has been proposed, pending AGM approval.

In the financial year 2025, Apollo Tyres Ltd saw a 3% increase in total consolidated revenue. The total consolidated revenue reached Rs 26,123 crores compared to Rs 25,378 crores last financial year. In the fourth quarter alone, revenues also went up by 3% to Rs 6,424 crores. Revenue from Indian operations saw single-digit growth during both the full year and the fourth quarter.

Profit Decline Across the Year and Quarter

For FY25, Apollo Tyres' operating profit declined to Rs 3,572 crore, compared to Rs 4,447 crore in the prior fiscal year. Similarly, the net profit decreased to Rs 1,121 crores from Rs 1,722 crores. In the fourth quarter of FY25, Apollo Tyres achieved an operating profit of Rs 837 crore, a decrease from Rs 1,028 crore in the same quarter of FY24. Its net profit for the period also dropped to Rs 185 crore from Rs 354 crore in the corresponding quarter of the prior fiscal year. 

The Board of Directors recommended a dividend of Rs 5.00 per equity share, equivalent to 500% on a face value of Re 1. This will be confirmed at the upcoming Annual General Meeting, pending shareholder approval.

Leadership Insights:

Onkar Kanwar, Chairman of Apollo Tyres Ltd, admitted that the company’s recent performance was not up to the industry standards and their expectations. After an internal review, the company identified key issues behind the weak performance and has taken specific steps to fix them. He is hopeful that the company will show better results in the coming quarters.

About Apollo Tyres Ltd

Apollo Tyres Ltd is a global tyre manufacturer and one of the top tyre brands in India. The company focuses on making reliable tyres and building strong relationships with customers and partners. Apollo sells tyres under two names—Apollo and Vredestein.

The company's products are sold in more than 100 countries through a large network of stores. The company makes tyres for all types of vehicles, including cars, SUVs, trucks, buses, bikes, farm vehicles, and construction equipment. It also makes retread tyres and materials. It has seven factories: five in India, one in the Netherlands, and one in Hungary. 

The company’s head office is in Gurgaon, India. With a yearly turnover of about USD 2.3 billion, Apollo Tyres is among the top 20 tyre makers in the world. It has also received awards for being a great place to work and for its efforts in spreading awareness about HIV-AIDS and promoting waste management in local communities.

Also Read: Apollo Tyres Unveils New Radial Tyres at BAUMA ConExpo India 2024

CMV360 Says

Apollo Tyres’ revenue growth shows market resilience, but the sharp decline in profits raises concern. The company’s acknowledgement of its performance gaps and corrective plans is a step in the right direction. Improved results could be seen in the upcoming quarters if these efforts succeed.