Apollo Tyres Q4 profit jumps 3x, aided by deferred tax revision; declares ₹2.50 final dividend

Tyre maker Apollo Tyres Ltd on Thursday (May 14) reported a 241% year-on-year jump in consolidated net profit at ₹631 crore for the fourth quarter, compared with ₹185 crore in the same period last year.

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.

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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.

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.

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.

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