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The company reported profit before exceptional items and tax of Rs 750.15 crore in Q3 FY26, compared to Rs 468.82 crore recorded in the same period a year ago. The firm reported exceptional items of Rs 27.14 crore during the quarter.
On the segmental front, the company’s revenue from the Asia Pacific, Middle East, and Africa (APMEA) segment stood at Rs 520.83 crore (up 12.94% YoY), income from Europe was Rs 2,636.89 crore (up 11.16% YoY), while revenue from other regions stood at Rs 364.86 crore (down 69.56% YoY) during the period under review.
Meanwhile, the company announced an interim dividend of Rs 3.50 per equity share of face value Rs 1 for FY26. February 10, 2026, has been fixed as the record date, and the dividend will be paid within the statutory timeline.
Separately, Apollo Tyres approved a capacity expansion at its Andhra Pradesh plant for passenger car radial (PCR) and truck bus radial (TBR) tyres. The plant currently has installed capacities of 7.1 million PCR tyres per annum, operating at 82% utilization, and 1.6 million TBR tyres per annum, with utilization at 89%.
The proposed expansion entails an addition of 3.7 million PCR tyres and around 1.3 million TBR tyres per annum by the end of FY2029. The capex outlay of approximately Rs 5,810 crore will be funded through a mix of internal accruals and debt, in line with the company’s anticipated short- to medium-term demand growth across both segments.
Apollo Tyres' principal business activity is the manufacturing and sale of automotive tires.
Shares of Apollo Tyres fell 1.63% to Rs 504.05 on the BSE.
Mahindra & Mahindra Ltd fell 4.08% today to trade at Rs 3397.9. The BSE Auto index is down 0.49% to quote at 59264.82. The index is down 3.81 % over last one month. Among the other constituents of the index, Ashok Leyland Ltd decreased 2.02% and Apollo Tyres Ltd lost 1.47% on the day. The BSE Auto index went up 19.79 % over last one year compared to the 8.05% surge in benchmark SENSEX.
Mahindra & Mahindra Ltd has lost 6.17% over last one month compared to 3.81% fall in BSE Auto index and 4.24% drop in the SENSEX. On the BSE, 13282 shares were traded in the counter so far compared with average daily volumes of 86335 shares in the past one month. The stock hit a record high of Rs 3840 on 05 Jan 2026. The stock hit a 52-week low of Rs 2360.45 on 07 Apr 2025.
Apollo Tyres Ltd fell 1.65% today to trade at Rs 498.55. The BSE Auto index is down 0.88% to quote at 59404.39. The index is down 4.13 % over last one month. Among the other constituents of the index, Hyundai Motor India Ltd decreased 0.8% and Ashok Leyland Ltd lost 0.77% on the day. The BSE Auto index went up 17.92 % over last one year compared to the 7.85% surge in benchmark SENSEX.
Apollo Tyres Ltd has lost 2.17% over last one month compared to 4.13% fall in BSE Auto index and 4.41% drop in the SENSEX. On the BSE, 1276 shares were traded in the counter so far compared with average daily volumes of 61193 shares in the past one month. The stock hit a record high of Rs 540.3 on 14 Nov 2025. The stock hit a 52-week low of Rs 368 on 07 Apr 2025.