Apollo Tyres Q4 Net Profit Plunges 48% to ₹185 Crore Despite Revenue Growth

Apollo Tyres on Wednesday reported a sharp 48% decline in its consolidated net profit to ₹185 crore for the fourth quarter ended March 31, 2025. The steep drop was attributed to underperformance in sales, the company stated in a regulatory filing.

In the corresponding quarter of the previous financial year (Q4 FY24), the tyre major had posted a net profit of ₹354 crore, highlighting the extent of the year-on-year dip.

Despite the fall in profit, the company saw a modest increase in revenue from operations, which rose to ₹6,423 crore compared to ₹6,258 crore in the same period last year. However, this growth was not enough to offset the profit erosion, which the company attributed to softer market performance and increased costs.

Apollo Tyres did not elaborate on the specific factors contributing to the underperformance in sales, but industry analysts point to rising input costs and muted demand in key markets as likely contributors.

The results reflect the challenges faced by the automotive sector amid global economic uncertainties, fluctuating raw material prices, and changing consumer trends.

Apollo Tyres is expected to outline its strategic plans to recover profitability in the upcoming fiscal year.