Are Apollo Tyres latest results good or bad?

Apollo Tyres has reported its financial results for the quarter ending March 2025, which indicate a notable decline across several key performance metrics. The Profit Before Tax less Other Income (PBT) amounted to Rs 351.21 crore, reflecting a significant reduction compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) decreased to Rs 269.05 crore, also showing a decline from the average PAT during the same timeframe.
The operating profit reached Rs 837.39 crore, which is the lowest figure recorded in the last five quarters, and the operating profit margin fell to 13.04%, suggesting a decline in operational efficiency. Furthermore, the Earnings per Share (EPS) dropped to Rs 2.91, marking the lowest level in five quarters, which indicates a reduction in profitability and earnings for shareholders.

In light of these results, the company saw an adjustment in its evaluation, reflecting the challenges faced in this quarter. The quarterly snapshot reveals a decline in net sales growth of -7.28% compared to the previous quarter, alongside a substantial decrease in consolidated net profit growth of -45.26%. Overall, the data highlights a challenging financial period for Apollo Tyres, characterized by declining performance metrics.