Q2 and H1 FY27

Apollo Tyres 2^nd quarter revenue closes at Rs 7968 crores

Ravi Kumar Shingari appointed Chief Financial Officer

The Board of Directors of Apollo Tyres Ltd today approved the company’s unaudited financial results for the 2^nd quarter (July to Sept) and H1 (Apr to Sept) for the financial year 2026 – 27.

For the quarter ended September 30, 2026 Apollo Tyres Ltd, on a consolidated level, registered a revenue of Rs 7968 crores, an increase of 17% over the same period last fiscal. For the six months of the fiscal (April – September), the company reported a revenue of Rs 15,366 crores, an increase of 15% over the same period last fiscal. Indian Operations carried forward its strong revenue growth momentum into the second quarter, reflecting the effectiveness of the growth initiatives.

Quarterly Consolidated Performance Highlights

Q2 FY2026-27 (July – Sept) vs Q2 FY2025-26

·     Revenue from operations was up 17% to close at Rs 7968 crores, as against Rs 6831 crores in Q2 FY26

·     Operating profit reported was Rs 855 crores

·     Net profit for Q2 was up 13% at Rs 292 crores, as against Rs 258 crores in the same period last fiscal (this includes the estimated pre-tax cost of restructuring amounting to Rs 26 crores, disclosed as an exceptional item)

Half Yearly Consolidated Performance Highlights

H1 FY 2026-27 (April-Sept) vs H1 FY 2025-26

·     Revenue from operations was up 15% to close at Rs 15,366 crores as against Rs 13,392 crores in H1 FY26

·     Operating profit reported was Rs 1,723 crores

·     Net profit closed at Rs 641 crores, as against Rs 271 crores in the same period last fiscal (this includes the estimated pre-tax cost of restructuring amounting to Rs 26 crores, disclosed as an exceptional item)

Commenting on the company’s performance, Onkar Kanwar, Chairman, Apollo Tyres Ltd said “Growth across categories in India has been supported by our sustained rural expansion efforts and strategic association with cricket. In addition, the launch of new products in the commercial vehicle segment in India has strengthened performance during the past quarter. At the same time, geopolitical tensions in West Asia remain a headwind, resulting in elevated input costs and supply chain disruptions.”

Cross currency reference chart for key financials:

The Board of Directors of Apollo Tyres Ltd also approved the appointment of Ravi Kumar Shingari as Chief Financial Officer (CFO), effective November 4, 2026.  Ravi joined Apollo Tyres in 2018 as Group Head, Finance and has held responsibilities across Budgeting, Accounts and Investor Relations, and more recently he was given the additional responsibility for Legal. 

Prior to Apollo Tyres, Ravi was at KPMG for over 16 years, with his last assignment there being Partner, Tax and Regulatory. Ravi is a Chartered Accountant with a bachelor’s degree [B.Com(H)] in Commerce from Shri Ram College of Commerce, Delhi University.

As CFO, Ravi will report directly to Neeraj Kanwar, Vice Chairman & Managing Director.

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