The company indicated that with the planned transition to a concessional tax regime, it has reassessed its deferred tax liabilities based on the lowered tax rate. Consequently, a net impact of ₹574 crore has been acknowledged in the profit and loss statement for the year.
Revenue climbed 14% year-on-year to ₹7,336 crore, rising from ₹6,424 crore in the previous year’s corresponding quarter. EBITDA surged by 28% to ₹1,069 crore, compared to ₹837 crore a year prior. The EBITDA margin improved to 14.6%, up from 13% in the same period last year.
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The tyre manufacturer has adjusted its deferred tax liabilities to reflect the new, lower tax rate, resulting in a net positive effect of ₹573.67 crore, according to the filing. Total expenses for the quarter were reported at ₹6,753.36 crore, an increase from ₹6,072.67 crore in the same quarter last year.
The company has opted to adopt the concessional tax regime under the Finance Act, 2026, which will cut its applicable tax rate to 25.17% from the previous 34.94% due to MAT exemptions, Apollo Tyres stated.
For FY26, consolidated net profit amounted to ₹1,372.42 crore, compared to ₹1,121.32 crore in FY25. Consolidated revenue from operations for the full financial year reached ₹28,470.6 crore, up from ₹26,123.42 crore in FY25, as per the filing.
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Apollo Tyres Ltd Chairman, Onkar Kanwar, commented, “Our performance in India has been strong, especially in the replacement and OE segments, with truck-bus radials achieving growth exceeding 20% in Q4.”
He added, “Our European operations have aligned with current market conditions. Although ongoing geopolitical tensions in West Asia present challenges, we remain hopeful about continued demand in India, backed by positive sentiments in rural areas.”
The tyre company has proposed a final dividend of ₹2.50 per equity share for FY26, which is 250% on equity shares with a face value of ₹1 each, pending shareholder approval at the upcoming annual general meeting.
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The dividend will be distributed within 30 days after the AGM concludes. The company had earlier declared an interim dividend of ₹3.50 per equity share during FY26, representing 350%. Thus, the total dividend for FY26 amounts to ₹6 per equity share, equating to 600% on the face value.
Apollo Tyres Ltd’s shares concluded trading at ₹404, showing an increase of ₹7.50, or 1.89%, on the BSE today, May 14.
