Apollo tyres Q4 net profit jumps 241%, FY26 profit rises bby 22%

Apollo Tyres reported a significant rise in its consolidated net profit for the fourth quarter ended March 31, 2026. The company posted a 241.1% year-on-year increase in consolidated net profit, reaching Rs 631 crore compared to Rs 185 crore in the same period last year.

Key Highlights

• Apollo Tyres' Q4 FY26 net profit rose 241 percent to Rs 631 crore
• Full-year FY26 net profit increased 22 percent to Rs 1,372 crore
• Revenue for FY26 reached Rs 28,471 crore, up 9 percent year on year
• The board recommended a total dividend of Rs 6 per share for FY26

Revenue from operations for the quarter rose 14.2% to Rs 7,336 crore, up from Rs 6,424 crore a year earlier. Operating profit for the quarter increased 27.7% to Rs 1,069 crore, compared to Rs 837 crore in the previous year’s quarter.

Full Year Financial Performance

For the full financial year FY26, Apollo Tyres reported a 22.4% increase in consolidated net profit to Rs 1,372 crore. This compares with Rs 1,121 crore recorded in FY '25. Revenue from operations for the year rose 9% to Rs 28,471 crore, up from Rs 26,123 crore in the prior fiscal year.

The company’s annual operating profit climbed 16% to Rs 4,143 crore, compared to Rs 3,572 crore in FY25. The yearly profit figure included the estimated net impact after tax of restructuring and impairment, amounting to Rs 742 crore. It also included a one-off tax reversal booked in the fourth quarter.

Key Factors and Board Decisions

The quarterly profit included the estimated net impact after tax of restructuring and impairment of ₹338 crore, disclosed as an exceptional item. A one-off tax reversal of Rs 574 crore was also recorded due to the adoption of a concessional tax regime.

Onkar Kanwar, Chairman of Apollo Tyres Ltd., stated that performance in India remained robust, especially in the replacement and original equipment segments. Truck-bus radials recorded growth of over 20% in the fourth quarter. European operations performed in line with market conditions, despite ongoing geopolitical tensions in West Asia. The company remains optimistic about demand momentum in India, supported by positive rural sentiment.

The board recommended a final dividend of Rs 2.50 per equity share for FY '26, subject to shareholder approval. This is in addition to the interim dividend of Rs 3.50 per share already paid during the year, bringing the total dividend for FY26 to Rs 6.00 per share.

CarBike 360 Says

Apollo Tyres’ strong Q4 performance and consistent full-year growth underline its resilience amid evolving market dynamics. With improving margins, stable demand, and strategic cost management, the company appears well-positioned for sustained momentum. Going forward, its focus on premiumization and global expansion is likely to further strengthen its financial performance and competitive standing.