Apollo Tyres Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting

Apollo Tyres' board met, approving the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹ 6,560.76 Cr. Net profit for the quarter was ₹ 12.88 Cr, significantly impacted by an exceptional restructuring cost of ₹ 370.20 Cr. This cost relates to the planned discontinuation of tyre production at its Netherlands plant by summer 2026, a key strategic move. Additionally, shareholders approved the Employees Stock Option Scheme 2025, granting over 2.6 million options at ₹ 450 each.