Apollo Tyres on Thursday reported a 241.1% year-on-year increase in consolidated net profit at Rs 631 crore for the fourth quarter ended March 31, 2026, compared with Rs 185 crore in the corresponding quarter last year. Revenue from operations rose 14.2% to Rs 7,336 crore from Rs 6,424 crore a year earlier.
The tyre maker’s operating profit for the quarter increased 27.7% to Rs 1,069 crore, against Rs 837 crore in the year-ago period.
The company said the quarterly profit included the estimated net impact after tax of restructuring and impairment amounting to Rs 338 crore, disclosed as an exceptional item, along with a one-off tax reversal of Rs 574 crore due to adoption of a concessional tax regime.
For the full financial year FY26, Apollo Tyres reported a 22.4% increase in consolidated net profit to Rs 1,372 crore, compared with Rs 1,121 crore in FY25. Revenue from operations for the year rose 9% to Rs 28,471 crore from Rs 26,123 crore in the previous fiscal.
Annual operating profit climbed 16% to Rs 4,143 crore from Rs 3,572 crore in FY25. The company said the yearly profit figure also included the estimated net impact after tax of restructuring and impairment amounting to Rs 742 crore, as well as the one-off tax reversal booked in the fourth quarter.
Onkar Kanwar, Chairman, Apollo Tyres Ltd, said, “Our performance in India remained robust, particularly in the replacement and OE segments, with truck-bus radials recording growth of over 20% in Q4. Our European Operations performed in line with prevailing market conditions. While ongoing geopolitical tensions in West Asia continue to pose headwinds, we remain optimistic about sustained demand momentum in India, supported by positive rural sentiment.”
The company’s board recommended a final dividend of Rs 2.50 per equity share for FY26, subject to shareholder approval at the upcoming annual general meeting. This is in addition to the interim dividend of Rs 3.50 per share already paid during the year, taking the total dividend for FY26 to Rs 6 per share.