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

Apollo Tyres has announced a board meeting where it approved its consolidated financial results for the quarter ending June 30, 2025. Revenue from operations saw a slight increase to ₹ 6,560.76 Cr. However, net profit for the period dropped significantly to ₹ 12.88 Cr, primarily due to an exceptional restructuring cost of ₹ 370.20 Cr related to discontinuing tyre production at its Netherlands plant by mid-2026. The company also confirmed the approval of its Employee Stock Option Scheme 2025, granting over 2.6 million options at ₹ 450 per option.