Apollo Tyres Share Price Gains 5% as Q2 FY27 Net Profit Rises 13.2%

Apollo Tyres Ltd reported a 16.6% increase in consolidated revenue to ₹7,968.2 crore in Q2FY27, against ₹6,831.1 crore in the same quarter last year, as per exchange filings dated November 4, 2026.  

Revenue in the previous quarter was ₹7,397.8 crore, taking the sequential growth to 7.7%. Net profit rose to ₹292.1 crore from ₹258 crore in Q2FY26.  

However, compared with the previous quarter, profit was down 16.3% from ₹348.8 crore. The net profit margin was 3.7%, against 3.8% a year earlier. 

Higher Raw Material Expenses Affect EBITDA 

While revenue increased, the company's operating earnings were lower than last year. Consolidated EBITDA fell 16.2% to ₹855.4 crore from ₹1,020.7 crore. The EBITDA margin also dropped to 10.7% from 14.9%. 

Raw material expenses rose to ₹4,904.4 crore during the quarter, compared with ₹3,735.6 crore in Q2FY26. Other expenses increased to ₹1,377.5 crore, while staff costs came down to ₹830.9 crore from ₹878.6 crore. 

India Business Reports Revenue Growth 

Revenue from the standalone business increased to ₹5,921.7 crore from ₹4,714.9 crore, a rise of 25.6%. The company said this was its highest year-on-year growth in 17 quarters. 

Sales increased across both replacement and original equipment manufacturer (OEM) channels. Larger-rim passenger car radial tyres and Vredestein products also contributed to the quarter's performance. 

Standalone EBITDA, however, declined 9.2% to ₹654.6 crore. The margin fell to 11.1% from 15.3% in the corresponding quarter last year. 

European Business and First Half Results 

European revenue from sales and manufacturing operations fell to €157 million from €177 million. EBITDA margin declined to 10.3% from 12.7%. The company said restructuring at its Enschede facility was progressing, with supply chain changes continuing. 

For H1FY27, consolidated revenue increased 14.7% to ₹15,365.9 crore. EBITDA declined 8.7% to ₹1,723.3 crore, with a margin of 11.2%. 

Read More: Keystone Realtors Share Price in Focus; Reports 84% Rise in Pre-Sales in Q2 FY27! 

Apollo Tyres Share Price Performance  

As of November 5, 2026, 12:35 pm, Apollo Tyres share price was trading at ₹422.85, up 5.08% from the previous closing price. 

Conclusion  

The company's India business recorded revenue growth, while European revenue declined. Consolidated EBITDA remained lower than the corresponding quarter last year. 

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