Apollo Tyres Reports 39.5% Profit Rise, Plans Rs 5,810 Crore Capacity Expansion

Apollo Tyres reported a 39.5% rise in consolidated net profit to Rs 471 crore for Q3 FY26, with revenue increasing nearly 12% to Rs 7,743 crore. EBITDA margin improved to 15.3%. The company announced a Rs 5,810 crore investment to expand its Andhra Pradesh plant, boosting passenger car radial capacity by 52% and truck and bus radial capacity by 82% by 2029. The expansion aims to meet anticipated market demand and follows strong volume growth across regions.