Apollo Tyres has reported strong financial results for the quarter and year ended March 31, 2026. The company announced a final dividend of ₹2.50 per share, bringing the total dividend for FY26 to ₹6.00 per share. Consolidated revenue for the fiscal year reached ₹284,706 million, with a consolidated net profit of ₹13,724.16 million. The company’s performance reflects operational resilience and a strategic shift toward a concessional tax regime.
Financial Performance for FY26
Apollo Tyres delivered robust financial growth in FY26. The company’s consolidated revenue for the year stood at ₹284,706 million, an increase from ₹261,234.17 million in the previous fiscal year. Consolidated net profit for the year was reported at ₹13,724.16 million. In the final quarter (Q4) ended March 31, 2026, the company generated consolidated revenue of ₹73,356.74 million and a net profit of ₹6,309.73 million.
Dividend Recommendation
The Board of Directors has recommended a final dividend of ₹2.50 per equity share (250% on a face value of Re. 1). When combined with the interim dividend of ₹3.50 per share already paid during the year, the total dividend for FY26 amounts to ₹6.00 per share, representing a 600% payout.
Operational Highlights and Strategic Developments
The company successfully navigated significant re-organization exercises and adopted a concessional tax regime effective from Tax Year 2026-27. This transition reduced the company’s applicable tax rate to 25.17%, down from 34.94%. Additionally, the company is finalizing the closure of its Enschede plant in the Netherlands, with a total impact of ₹10,001.24 million accounted for as an exceptional item for the year.
Corporate Governance and Appointments
As part of its organizational adjustments, the Board has appointed M/s. BBS Associates as the Cost Auditor for FY27. Furthermore, the company has proposed the re-appointment of Ms. Lakshmi Puri as an Independent Director for a second 5-year term, effective October 29, 2026, subject to shareholder approval at the upcoming Annual General Meeting.
Source: BSE
