Apollo Tyres reported its financial performance for the quarter and year ended March 31, 2026. The Board of Directors recommended a final dividend of ₹2.50 per share, bringing the total dividend for FY26 to ₹6.00 per share. Additionally, the Board approved the appointment of a new Cost Auditor and the re-appointment of Ms. Lakshmi Puri as an Independent Director for a second 5-year term.
Annual Financial Performance
For the financial year ended March 31, 2026, Apollo Tyres recorded a standalone revenue from operations of ₹198,162.28 million and a net profit of ₹18,517.69 million. On a consolidated basis, the company reported an annual revenue of ₹284,706.00 million with a net profit of ₹13,724.16 million. The company’s annual performance reflects strong operational results despite strategic re-organization efforts and closure-related costs in its international operations.
Dividend Announcement
Demonstrating commitment to shareholder value, the Board has recommended a final dividend of ₹2.50 per equity share (250% on the face value of Re. 1). When combined with the interim dividend of ₹3.50 per share already paid during the year, the total dividend distribution for FY26 reaches ₹6.00 per share (600%). The final dividend is subject to approval by shareholders at the upcoming Annual General Meeting.
Strategic Appointments
The Board of Directors has approved the appointment of M/s. BBS Associates, Cost Accountants, as the Cost Auditor for the company for FY27. Furthermore, the company will seek shareholder approval for the re-appointment of Ms. Lakshmi Puri as an Independent Director for a second consecutive term of 5 years, effective from October 29, 2026.
Operational Re-organization
The company provided updates regarding its re-organization initiatives. Significant impacts were noted from the restructuring of its Netherlands-based subsidiary, Apollo Tyres (NL) B.V., involving a total impact of ₹10,001.24 million for the year. Additionally, the company has decided to adopt the concessional tax regime under the Finance Act, 2026, which will reduce its applicable tax rate from 34.94% to 25.17%, resulting in a net impact of ₹5,736.71 million in the statement of profit and loss.
Source: BSE
