Now Reading: Apollo Tyres Q1 Profit Rises To Rs 349 Crore
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Apollo Tyres Q1 Profit Rises To Rs 349 Crore
The Story in Brief
The Story in Brief
Apollo Tyres reported consolidated net profit of Rs 349 crore for the quarter ended June 2026, up from Rs 12.8 crore in the same period a year earlier, NDTV Profit reported. The result marks a sharp year-on-year increase.
NDTV Profit also reported a 13% rise in revenue. The improvement came as the effect of a one-time loss in the year-ago period faded, according to the report. The figures cover the company’s consolidated performance for the first quarter.
The Indian Opinion
A large profit jump can invite lazy claims of a sudden turnaround, but the comparison is against a year that included a one-time loss. Equally, dismissing the result as mere accounting would ignore the reported 13% revenue growth. The next quarter should show whether earnings remain strong after this favourable base effect fades, and whether revenue growth continues above last year’s level.
Sources (2): ndtvprofit.com, ndtvprofit.com (2)
This story was synthesised by AI from the 2 sources linked above. Methodology and corrections.
Updated: this story now draws on 2 sources.
Ashin Xavier: interesting
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