Shares of Apollo Tyres surged over 5% in early morning trade on Friday, May 15, after the company reported a strong set of earnings for the fourth quarter of FY26, driven by robust growth in revenue, profitability and margins.
The tyre maker posted a consolidated revenue of Rs 7,336 crore for the March quarter, marking a 14.2% increase compared to Rs 6,424 crore reported in the same period last year.
Apollo Tyres also reported a sharp improvement in operational performance during the quarter. EBITDA rose 42.9% year-on-year to Rs 712 crore from Rs 498 crore in the corresponding quarter of the previous fiscal.
The company’s EBITDA margin expanded by 190 basis points to 9.7%, compared to 7.8% a year ago, indicating improved operational efficiency and better cost management.
Net profit witnessed a massive jump during the quarter. Apollo Tyres posted a consolidated net profit of Rs 631 crore in Q4FY26, sharply higher from Rs 185 crore reported in Q4FY25, reflecting a rise of over 241%.
The strong quarterly performance boosted investor sentiment, leading to a sharp rally in Apollo Tyres shares during Friday’s trading session.