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Share the post "Apollo Tyres ‘s Q3 2024-25 Latest News: Profit Falls by 58.22% Year-on-Year"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 4.8 % in the past year, substantial increase in net sales/revenue by 1.75 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 908.17 %. Marginal decrease of -8.03% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Apollo Tyres Limited. Profit dropped by -58.22 % Year to Year, Apollo Tyres Limited’s profitability dropped by -25.04 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -58.28 % Year to Year. EPS decreased by -25.1 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4331.931 Cr | Rs. 4461.74 Cr | Rs. 4539.774 Cr | + 1.75 % | + 4.8 % |
| Expenses | Rs. 3547.88 Cr | Rs. 3922.85 Cr | Rs. 4036.24 Cr | + 2.89 % | + 13.76 % |
| Operating Profit | Rs. 784.05 Cr | Rs. 538.89 Cr | Rs. 503.53 Cr | -6.56 % | -35.78 % |
| OPM % | 18.1 % | 12.08 % | 11.09 % | -0.99 % | -7.01 % |
| Other Income | Rs. -2.361 Cr | Rs. 20.748 Cr | Rs. 19.081 Cr | -8.03 % | + 908.17 % |
| Interest | Rs. 99.52 Cr | Rs. 87.27 Cr | Rs. 96.09 Cr | + 10.11 % | -3.45 % |
| Depreciation | Rs. 227.87 Cr | Rs. 232.75 Cr | Rs. 233.2 Cr | + 0.19 % | + 2.34 % |
| Profit before tax | Rs. 454.3 Cr | Rs. 239.62 Cr | Rs. 193.32 Cr | -19.32 % | -57.45 % |
| Tax % | 34.93 % | 31.23 % | 36.11 % | + 4.88 % | + 1.18 % |
| Net Profit | Rs. 295.62 Cr | Rs. 164.78 Cr | Rs. 123.52 Cr | -25.04 % | -58.22 % |
| EPS in Rs | Rs. 4.65 | Rs. 2.59 | Rs. 1.94 | -25.1 % | -58.28 % |
Today, we’re looking at Apollo Tyres Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 4.8 %. However, it did see a marginal increase of 1.75 % from the previous quarter. Expenses ticked up slightly by 2.89 % quarter-on-quarter, aligning with the annual rise of 13.76 %. Operating profit, while down -35.78 % compared to last year, faced a quarter-on-quarter dip of -6.56 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.01 %, but a shrinkage of -0.99 % sequentially. Other income fell by -8.03 % compared to the last quarter, despite an annual growth of 908.17 %. Interest expenses surged remarkably by 10.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.45 %. Depreciation costs climbed by 0.19 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.34 %. Profit before tax declined annually by -57.45 % but saw a reduction from the preceding quarter by -19.32 %.
Tax expenses as a percentage of profits increased slightly by 1.18 % compared to last year, with a more notable quarter-on-quarter increase of 4.88 %. Net profit fell by -58.22 % year-on-year but witnessed a -25.04 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -58.28 % but a quarterly fall of -25.1 %. In summary, Apollo Tyres Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4331.931 Cr | Rs. 4461.74 Cr | Rs. 4539.774 Cr | + 1.75 % | + 4.8 % |
| Expenses | Rs. 3547.88 Cr | Rs. 3922.85 Cr | Rs. 4036.24 Cr | + 2.89 % | + 13.76 % |
| Operating Profit | Rs. 784.05 Cr | Rs. 538.89 Cr | Rs. 503.53 Cr | -6.56 % | -35.78 % |
| Net Profit | Rs. 295.62 Cr | Rs. 164.78 Cr | Rs. 123.52 Cr | -25.04 % | -58.22 % |
| EPS in Rs | Rs. 4.65 | Rs. 2.59 | Rs. 1.94 | -25.1 % | -58.28 % |
In reviewing Apollo Tyres Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.8 % year-on-year growth, however, there was a minor increase of 1.75 % from the previous quarter. Expenses rose by 13.76 % compared to the previous year, with a 2.89 % increase quarter-on-quarter. Operating Profit dropped by -35.78 % annually, and saw a -6.56 % decrease from the last quarter.
Net Profit showed yearly decrease of -58.22 %, and experienced a -25.04 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -58.28 % annually, however dipped by -25.1 % compared to the last quarter. In essence, while Apollo Tyres Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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