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News Topical, Digital Desk : Tire manufacturer Apollo Tyres on Thursday announced the results for the quarter ended June 2025 after the stock market closed. The company said that the company's profits have seen a big decline during the quarter, while the company's income has seen an increase of more than 3 percent during the quarter. Apollo Tyres said that in the first quarter of the financial year 2025-26, the company's profit has come down from Rs 302 crore to Rs 12.8 crore, that is, a huge decline of 94.8 percent year-on-year has been registered.
3.6 percent increase in income
The company's income in the June quarter grew by 3.6 percent to Rs 6560 crore from Rs 6334 crore in the same quarter a year ago. At the same time, the company's EBITDA fell by 4.6 percent to Rs 867.1 crore from Rs 909.3 crore in the same quarter last year. The company's EBITDA margin also declined to 13.2 percent from 14.3 percent in the same quarter last year. Apollo Tyres Limited is one of the leading tire manufacturers in India. The company's main business is tire manufacturing and marketing which are used for passenger vehicles, trucks, buses, two-wheelers and industrial vehicles.
Share performance The company's stock closed at Rs 437.20 on Thursday with a gain of 0.48 percent. In the last one year, the company's stock has seen a decline of 15.96 percent.
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