Apollo Tyres Limited — Important, 25-11-2024: Updates

**Company Announcements:**

Apollo Tyres has disclosed its unaudited consolidated financial results for the quarter and half-year ended September 30, 2024. Revenue from operations amounted to ₹64,370.25 million, slightly up from ₹63,348.51 million in the previous quarter. Total income, including other income, was ₹84,588.95 million. The company's total expenses came in at ₹60,547.45 million, resulting in a profit before tax of ₹3,989.18 million. Notably, the profit for the period was ₹2,974.55 million, with earnings per share recorded at ₹4.68. The company reported a total comprehensive income of ₹5,181.80 million for the period.

The standalone financial results echoed this trend, with revenue from operations reaching ₹44,617.40 million and a profit for the period of ₹1,647.77 million. Earnings per share stood at ₹2.59. The results also highlighted a solid cash position, emphasizing the company's stability moving forward. In terms of implications for investors, the ongoing growth trajectory and earnings improvement present a positive outlook—investors might consider close monitoring of future developments.