Apollo Tyres’ shares fell over 2% following the release of disappointing Q1 results for FY25. The company’s net profit dropped to Rs 302 crore, down from Rs 397 crore in the same period last year, and also lower than the Rs 354 crore recorded in the March quarter.
Key Financial Highlights
- Net Profit: Rs 302 crore, down from Rs 397 crore year-on-year.
- Revenue from Operations: Rs 6,334.8 crore, slightly up from Rs 6,244.5 crore in the previous fiscal year and Rs 6,258.2 crore in the March quarter.
- EBITDA: Rs 909.4 crore, a 13.5% drop from Rs 1,051.4 crore year-on-year.
- EBITDA Margin: 14.4%, down from 16.8% in the same period last year.
Factors Affecting Performance
The decline in net profit is attributed to lower sales and increased raw material costs. The EBITDA margin also fell, indicating decreased profitability.
Market Reaction
As of 10:24 AM, Apollo Tyres’ shares were trading 2.12% lower at ₹509.15 on the NSE.
Summary Table
| Metric | Q1 FY25 | Q1 FY24 | Q4 FY24 |
|---|---|---|---|
| Net Profit | Rs 302 crore | Rs 397 crore | Rs 354 crore |
| Revenue from Operations | Rs 6,334.8 crore | Rs 6,244.5 crore | Rs 6,258.2 crore |
| EBITDA | Rs 909.4 crore | Rs 1,051.4 crore | |
| EBITDA Margin | 14.4% | 16.8% |
TOPICS:
Apollo Tyres