Apollo Tyres delivered exceptional financial results for Q4 FY26, with consolidated net profit surging 241.76% year-on-year to ₹630.97 crore, compared with ₹184.62 crore in the corresponding quarter last year. According to reports from Business Standard, the company's revenue from operations jumped 14.19% YoY to ₹7,335.67 crore in the quarter ended March 31, 2026. Profit before exceptional items and tax stood at ₹617.78 crore in Q4 FY26, compared with ₹378.75 crore in the year-ago quarter. The company reported exceptional items amounting to ₹456.13 crore during the quarter.
On the segmental front, revenue from the Asia Pacific, Middle East and Africa (APMEA) region increased 15% year-on-year to ₹5,346.44 crore, while revenue from Europe rose 15.28% to ₹2,180.25 crore. As reported by Business Standard, revenue from other regions, however, declined 80.95% YoY to ₹225.57 crore during the quarter. The company's performance in India remained robust, particularly in the replacement and OE segments, with truck-bus radials recording growth of over 20% in Q4.
For the complete financial year FY26, the company posted a 22.39% increase in consolidated net profit to ₹1,372.42 crore, while revenue from operations grew 8.98% to ₹28,470.60 crore compared with FY25. According to Business Standard, the company's European Operations performed in line with prevailing market conditions, while ongoing geopolitical tensions in West Asia continue to pose headwinds. Management remains optimistic about sustained demand momentum in India, supported by positive rural sentiment.
The board recommended a final dividend of ₹2.50 per equity share of face value Re 1 each for FY26, subject to shareholders approval at the ensuing AGM. As reported by Business Standard, this is in addition to the interim dividend of ₹3.50 per equity share already declared and paid during FY26, taking the total dividend for FY26 to ₹6 per equity share, or 600%. The board also approved seeking shareholders approval for the reappointment of Lakshmi Puri as an independent director for a second term of five years with effect from October 29, 2026.
Shares of Apollo Tyres added 1.31% to end at ₹401.70 on the BSE following the results announcement. The company's principal business activity is the manufacturing and sale of automotive tires, with the strong quarterly performance reflecting robust operational execution across key markets.
