Led by healthy demand, Apollo Tyres on Wednesday reported a consolidated net profit of around ₹293 crore for the second quarter (Q2) ended September, up by 13.5 per cent year-on-year (YoY) compared with Rs.258 crore in the same period last year.
Consolidated revenue from operations during the quarter rose by 16.6 per cent YoY to ₹7,968 crore from ₹6,831 crore in the July-September period of last financial year (FY26), the company said.
Apollo Tyres also mentioned that the ₹292-crore net profit includes the estimated pre-tax cost of restructuring amounting to ₹26 crore, disclosed as an exceptional item.
“Growth across categories in India has been supported by our sustained rural expansion efforts…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,” Onkar Kanwar, Chairman, Apollo Tyres, said.
For the first half year (H1) period, the company’s consolidated net profit closed at ₹641 crore, as against ₹271 crore in the same period last fiscal (this includes the estimated pre-tax cost of restructuring amounting to ₹26 crore, disclosed as an exceptional item).
Revenue from operations was up 15 per cent YoY to close at ₹15,366 crore as against ₹13,392 crores in H1 FY26, the company added.
Meanwhile, the company also said its Board of Directors has approved the appointment of Ravi Kumar Shingari as Chief Financial Officer from November 4, 2026.
He 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.
Shares of Apollo Tyres closed at ₹402.65 apiece on the BSE on Wednesday, up 1.62 per cent from the previous close.
Published on November 4, 2026
