Apollo Tyres Ltd
Apollo Tyres Expands Capacity with ₹5,810 Cr Investment 🚗📈
- Approved capacity expansion at Andhra Pradesh plant: adding ~3.7 million PCR tyres/year and ~1.3 million TBR tyres/year, with investment of ~₹5,810 crore, expected by FY2029.
- Consolidated Q3 revenue: ₹77,430.77 million; Nine-month consolidated revenue: ₹211,349.26 million.
- Consolidated Q3 net profit: ₹4,705.18 million; Nine-month consolidated net profit: ₹7,414.43 million.
- Standalone Q3 revenue: ₹51,389.93 million; Nine-month standalone revenue: ₹145,792.59 million.
- Standalone Q3 net profit: ₹4,490.53 million; Nine-month standalone net profit: ₹9,483.96 million.
- APMEA segment contributed highest revenue: ₹52,083.44 million in Q3; Europe segment revenue: ₹26,368.94 million in Q3.