Apollo Tyres Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting
14-05-2025 | 08:09 pm
14-05-2025 | 08:09 pm
Apollo Tyres has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025. Consolidated revenue grew to ₹26,123 Cr, with a PAT of ₹1,121 Cr, despite margin pressures and exceptional items. The Board has proposed a final dividend of ₹5 per share. DMK Associates was appointed as Secretarial Auditor for five years, and Mr. Prateek Rastogi as Internal Auditor. The Netherlands unit will cease tyre production by mid-2026, with a ₹128 Cr asset impairment provision. Net debt-to-EBITDA stands at 1.47x, reflecting healthy leverage.
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