Apollo Tyres Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	284,706	261,234	253,777	245,681	205,808
Other Revenue	1,334	-	-	-	-
Revenue	286,040	261,234	253,777	245,681	205,808
Revenue Growth (YoY)	9.50%	2.94%	3.29%	19.37%	21.39%
Cost of Revenue	155,536	151,701	141,068	150,204	127,388
Gross Profit	130,504	109,533	112,710	95,477	78,420
Selling, General & Admin	35,416	38,233	36,387	31,468	30,238
Other Operating Expenses	52,322	35,585	31,849	30,858	22,441
Operating Expenses	103,168	88,801	83,014	76,518	66,676
Operating Income	27,336	20,732	29,695	18,959	11,744
Interest Expense	-3,915	-4,332	-4,954	-5,164	-4,269
Interest & Investment Income	-	411.44	587.52	312.27	402.98
Earnings From Equity Investments	5.9	6.73	3.61	2.42	0.96
Currency Exchange Gain (Loss)	-	351.04	797.64	-13.73	588.48
Other Non Operating Income (Expenses)	-	-45.25	-69.41	-89.55	-46.6
EBT Excluding Unusual Items	23,427	17,124	26,060	14,006	8,421
Merger & Restructuring Charges	-	-509.13	-460.88	-	-59.08
Gain (Loss) on Sale of Investments	-	-	-	-	24.15
Gain (Loss) on Sale of Assets	-	29.24	114.74	39.89	90.22
Asset Writedown	-	-1,281	-	225.77	-
Other Unusual Items	-10,335	103.72	-312.16	-	-
Pretax Income	13,092	15,466	25,402	14,272	8,477
Income Tax Expense	-632.12	4,253	8,183	3,813	2,091
Net Income	13,724	11,213	17,219	10,458	6,386
Net Income to Common	13,724	11,213	17,219	10,458	6,386
Net Income Growth	22.39%	-34.88%	64.64%	63.77%	82.35%
Shares Outstanding (Basic)	634	635	635	635	635
Shares Outstanding (Diluted)	634	635	635	635	635
Shares Change (YoY)	-0.19%	-	-	-	2.94%
EPS (Basic)	21.66	17.66	27.11	16.47	10.06
EPS (Diluted)	21.65	17.66	27.11	16.47	10.06
EPS Growth	22.62%	-34.87%	64.63%	63.77%	77.14%
Free Cash Flow	22,641	10,545	27,091	13,598	3,073
Free Cash Flow Per Share	35.72	16.60	42.66	21.41	4.84
Dividend Per Share	-	5.000	6.000	4.000	3.250
Dividend Growth	-	-16.67%	50.00%	23.08%	-7.14%
Gross Margin	45.62%	41.93%	44.41%	38.86%	38.10%
Operating Margin	9.56%	7.94%	11.70%	7.72%	5.71%
Profit Margin	4.80%	4.29%	6.78%	4.26%	3.10%
Free Cash Flow Margin	7.92%	4.04%	10.67%	5.54%	1.49%
EBITDA	42,766	31,663	40,643	29,664	22,134
EBITDA Margin	14.95%	12.12%	16.01%	12.07%	10.76%
D&A For EBITDA	15,430	10,931	10,947	10,705	10,390
EBIT	27,336	20,732	29,695	18,959	11,744
EBIT Margin	9.56%	7.94%	11.70%	7.72%	5.71%
Effective Tax Rate	-	27.50%	32.21%	26.72%	24.66%
Revenue as Reported	286,040	262,115	255,313	246,092	210,711
Advertising Expenses	-	6,553	6,310	5,055	4,376

Source: S&P Global Market Intelligence. Standard template. Financial Sources.