Apollo Tyres Restricted touched a day’s excessive of Rs 428.75 on the NSE on 15 Could earlier than giving again all good points, as buyers weighed a pointy leap in reported revenue towards the affect of a one-time deferred tax reversal. By mid-session, the inventory was buying and selling marginally under its earlier shut.
The headline numbers have been spectacular. Consolidated internet revenue for This fall FY26 got here in at Rs 630.97 crore, greater than thrice the Rs 184.62 crore reported in the identical quarter final yr. Income from operations grew 14% to Rs 7,335.67 crore from Rs 6,423.59 crore a yr in the past.
A giant a part of the revenue leap got here from a tax profit, not operations alone. The corporate adopted a concessional tax regime beneath the Earnings Tax Act, which reversed Rs 573.67 crore of deferred tax liabilities. This one-time acquire considerably lifted the reported revenue determine.
Excluding the one-time tax affect, the operational efficiency remained strong. EBITDA rose 28% to Rs 1,069 crore, with margins increasing to 14.6% from 13% a yr earlier. Each the India and Europe companies grew roughly 15% year-on-year throughout the quarter.
For the complete yr FY26, consolidated income grew 9% to Rs 28,470.60 crore. Annual internet revenue rose 22% to Rs 1,372.42 crore.
Apollo Tyres is closing its Enschede manufacturing plant within the Netherlands. The corporate recognised impairment costs and closure-related prices of Rs 1,000.12 crore for FY26 as an distinctive merchandise. The precise money payout for the closure is anticipated in FY 2026-27 as per native authorized necessities.
On dividends, the board proposed a closing payout of Rs 2.50 per fairness share for FY26. Mixed with the Rs 3.50 interim dividend already paid in February 2026, the entire FY26 dividend works out to Rs 6.00 per share.
Throughout late morning commerce on 15 Could, shares have been at Rs 398.00 on the NSE, down 0.95% on the day. The inventory’s 52-week excessive is Rs 540.50 and 52-week low is Rs 392.05.
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