Apollo Tyres

Apollo Tyres on Thursday reported a multi-fold jump in consolidated net profit at Rs 348.87 crore for the first quarter ended June 30, 2026 on the back of low base effect and strong sales across market segments. The company had posted a net profit of Rs 12.88 crore a year ago, which included the net impact after tax of restructuring and impairment of the Netherlands plant amounting to Rs 273 crore, Apollo Tyres said in a regulatory filing. Revenue from operations in the first quarter this fiscal stood at Rs 7,397.79 crore as against Rs 6,560.76 crore a year ago. Total expenses were higher at Rs 7,012.03 crore as compared to Rs 6,171.15 crore. Commenting on the company's performance in the first quarter, Chairman, Onkar Kanwar said: "We delivered healthy revenue growth during the quarter, supported by robust demand across market segments and sustained high-capacity utilisation across our manufacturing network." He further said,"While we remain mindful of the evolving macroeconomic .

Tyre and auto-component makers raise prices as raw material and energy inflation erodes margins

Apollo Tyres, CEAT, Balkrishna Industries share prices could fall up to 24% from current levels, cautions technical analysts Kunal Shah of Mirae Asset Sharekhan.

Sensex Today | Stock Market Highlights, Feb 4: In the broader markets, the Nifty MidCap index gained 0.63 per cent, and the Nifty SmallCap index rose 1.27 per cent

Looking ahead, Geojit expects operating performance to continue improving, supported by demand recovery and ongoing cost optimisation efforts

But global uncertainties triggered by US tariffs and geopolitical tensions may put the brakes on, say brokerages

Neeraj Kanwar says the ₹579-crore India team sponsorship is a long-term brand bet aimed at deeper rural reach, stronger dealer interest and double-digit growth

In Q2, Apollo Tyres consolidated net profit fell 13 per cent at ₹258.04 crore, as compared to ₹297.4 crore a year ago

Q2FY26 company results: Firms including Eicher Motors, Muthoot Finance, Esaar India, and Samvardhana Motherson International are also to release their July-September earnings reports today

Additional spending on brand promotion after becoming the lead sponsor for the Indian cricket team could weigh on margins and profits in short run

Kunal Kamble, senior technical research analyst at Bonanza, has recommended buying shares of Syrma SGS Technology, Deepak Fertilisers, and Apollo Tyres today

Apollo Tyres stock is likely to trade with a favourable bias as long as it holds above ₹460 levels. On the upside, the stock can potentially rally up to 14%, suggests the technical chart.

At 9:25 AM, Apollo Tyres share price was trading 0.85 per cent higher at ₹490.95 per share. In comparison, BSE Sensex was trading 0.29 per cent higher at 82,623.34 levels.

Apollo Tyres becomes Team India's lead sponsor until March 2028 in a Rs 579 crore deal, marking its first major cricket sponsorship and replacing Dream11

Markets edged higher and gained over half a percent, supported by optimism surrounding the GST Council meeting.

Apollo Tyres has given a breakout from its Inverse Head and Shoulders pattern. The stock closed with a positive bias on higher volumes, indicating strong buying interest.

Apollo, Ceat and JK Tyre expect demand to pick up in H2 FY26 on festive buying, rural recovery and steady replacement demand, though uneven rainfall weighs on tractor sales

Apollo Tyres share price slip 3 per cent logging an intraday low at ₹457.5 per share on its ex-dividend date

In the previous trading session, Sensex gained 182.34 points, or 0.22 per cent, to settle at 81,330.56 level. The Nifty50, meanwhile, closed 88.55 points, or 0.36 per cent higher at 24,666.90 level.

The tyre manufacturer also reported total income of ₹6,451.12 crore in the fourth quarter of financial year 2024-25, up 1.8% year on year (YoY)