Apollo Tyres said that following the proposed adoption of the concessional tax regime, it has remeasured its deferred tax liabilities using the reduced applicable tax rate. The company stated that the resulting net impact of ₹574 crore has been recognised in the profit and loss during the year.
Revenue rose 14% year-on-year to ₹7,336 crore from ₹6,424 crore in the corresponding quarter. EBITDA increased 28% to ₹1,069 crore from ₹837 crore a year earlier. The EBITDA margin grew to 14.6%, up from 13% in the year-ago period.
ALSO READ | Davos 2026: Apollo Tyres eyes double-digit growth in India, to shut Netherlands plant amid Chinese imports
The tyre manufacturer has re-measured deferred tax liabilities using the reduced applicable tax rate, leading to a net positive impact of Rs 573.67 crore, the filing added. Total expenses in the quarter under review were higher at Rs 6,753.36 crore, compared to Rs 6,072.67 crore in the same period a year ago.
The company has decided to adopt the concessional tax regime under the Finance Act, 2026, following which its applicable tax rate shall be reduced to 25.17% from the earlier rate of 34.94% exemption in MAT, Apollo Tyres said.
For FY26, consolidated net profit stood at Rs 1,372.42 crore as against Rs 1,121.32 crore in FY25. Consolidated revenue from operations for the entire financial year stood at Rs 28,470.6 crore, compared to Rs 26,123.42 crore in FY25, the filing said.
ALSO READ | Apollo Tyres Q3 net profit jumps 40%; revenue, margins grow; dividend of ₹3.50 declared
Apollo Tyres Ltd Chairman, Onkar Kanwar, said, “Our performance in India remained robust, particularly in the replacement and OE segments, with truck-bus radials recording growth of over 20 per cent in Q4.
Our European Operations performed in line with prevailing market conditions. While ongoing geopolitical tensions in West Asia continue to pose headwinds, we remain optimistic about sustained demand momentum in India, supported by positive rural sentiment.”
The tyre company has recommended a final dividend of ₹2.50 per equity share for FY26. The dividend represents 250% on equity shares with a face value of ₹1 each, subject to shareholder approval at the ensuing annual general meeting.
Also Read: Apollo Tyres gears up for double-digit revenue growth with GST cut, cricket sponsorship
The payout will be made or dispatched within 30 days from the conclusion of the AGM. The company had paid an interim dividend of ₹3.50 per equity share during FY26, representing 350%. Including both, the total dividend for FY26 stands at ₹6 per equity share, or 600% on face value.
Shares of Apollo Tyres Ltd ended at ₹404, up by ₹7.50, or 1.89%, on the BSE today, May 14.
