Apollo Tyres reports multifold jump in Q1 PAT to Rs 349 crore
Mumbai, Aug. 7 -- Revenue from operations grew 12.8% YoY to Rs 7,397.79 crore during the quarter.
Profit before exceptional items and tax increased 8.71% YoY to Rs 444.16 crore in Q1 FY27 from Rs 408.56 crore in the corresponding quarter last year. The company reported an exceptional loss of Rs 23.54 crore during the quarter.
On the segmental front, revenue from the Asia Pacific, Middle East and Africa (APMEA) region increased 14.49% YoY to Rs 5,528.75 crore, while revenue from Europe rose 10.30% to Rs 2,038.58 crore. Revenue from other regions, however, declined 79.82% YoY to Rs 229.81 crore.
Separately, the company's board approved the resignation of Gaurav Kumar as whole-time director and as a member of the Risk Management Committee...
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