Apollo Tyres Limited. Q4 results show revenue fell from 6429.48 to 6264.24 crores, a 2.57% decrease in growth. EPS also dropped from ₹4.60 to ₹6.73, down by 40.30%.
Let’s start with quarter and quarter bases first:
Apollo Tyres shared its Q4 results on Monday. They earned 6264.236 crores in revenue this quarter, but that’s less than the 6429.482 crores they made last quarter. Unfortunately, the company’s growth decreased by 2.57 percent when comparing the two quarters.
In terms of profits, Apollo Tyres PAT (Profit After Tax) for this quarter was 427.40 crores, down from 292.105 crores in the previous quarter. Their quarter-to-quarter growth declined by 46.31 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹6.73, which is a decrease of 46.30% from the ₹4.60 EPS in the previous quarter.
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Now let’s discuss the results on a year-on-year basis:
The company made a total revenue of 24609.22 crores this year (2023), which is 16.79 percent lower than last year’s total revenue of 21071.06 crores.
This year’s PAT (Profit After Tax) is 1104.64 crores, which is also 72.98% lower than last year’s PAT of 638.60 crores.
The EPS (Earnings Per Share) for this year is ₹17.39, which is 72.86% less than the EPS of ₹10.06 earned last year.
The company earns the most revenue from its retail and telecom segments, which are its two major revenue sources.
Apollo Tyres Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹4 per Equity Share of Face Value of ₹0.50 each of the Company (450% of Face Value). Total Dividend for FY23 stood at ₹3.25 per Equity Share (Interim Dividend of ₹0.50 per Equity Share)
| Dividend | Record Date |
| ₹4 per Equity Share | Coming Soon |
Dividend’s record date has not yet come
About Apollo Tyres:
Apollo Tyres Limited, a multinational tire manufacturing company headquartered in Gurugram, Haryana, India, was founded in 1972. Its initial factory was established in Perambra, Chalakudy, Kerala. Currently, the company operates five production facilities in India, one in The Netherlands, and one in Hungary.
Download Full PDF Q4 Results Apollo Tyres: Click Here
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