Q4 & FY25 results

Apollo Tyres FY25 revenue closed at Rs 26,123 crores

The Board of Directors of Apollo Tyres Ltd today approved the company’s audited financial results for the fourth quarter (Jan to Mar) and the financial year 2024 – 25. The Board recommended a dividend payout of Rs 5.00 per equity share (500%), on face value of Re 1 each for FY25, subject to the approval of the shareholders at the forthcoming Annual General Meeting.

Consolidated revenues from operations across geographies for the full year FY25 grew 3% to close at Rs 26,123 crores; for the 4^th quarter also, the revenue was up 3% at Rs 6,424 crores. Indian Operations revenue also grew in single digits for the full year and in the 4^th quarter.

Full Year Consolidated Performance Highlights

FY 2024-25 (April-March) vs FY 2023-24

·       Revenue from operations was up 3% to close at Rs 26,123 crores, as against Rs 25,378 crores in FY24

·       Operating profit reported was Rs 3,572 crores, as against Rs 4,447 crores

·       Net profit reported was Rs 1,121 crores as against Rs 1,722 crores in the same period last fiscal

Quarterly Consolidated Performance Highlights

Q4 FY2024-25 (January-March) vs Q4 FY2023-24

·       Revenue from operations closed at Rs 6,424 crores, as against Rs 6,258 crores in Q4 FY24

·       Operating profit reported was Rs 837 crores, as against Rs 1,028 crores

·       Net profit for Q4 closed at Rs 185 crores, as against Rs 354 crores in the same period last fiscal

Commenting on the company’s performance, Onkar Kanwar, Chairman, Apollo Tyres Ltd said “We acknowledge that our performance over the past few quarters has not met industry benchmarks and our own expectations. After a thorough internal review, we have identified the key challenges that contributed to this underperformance. With targeted strategies now in place to address these issues, we are confident in our ability to deliver stronger results in the coming quarters.”

Cross currency reference chart for key financials:

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