Are Apollo Tyres latest results good or bad?

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

The quarterly results also show a decline in net sales, which fell by 7.28% compared to the previous quarter, alongside a substantial drop in consolidated net profit by 45.26%. These figures highlight a challenging operational environment for the company.

In light of these results, Apollo Tyres experienced an adjustment in its evaluation, reflecting the company's current financial trajectory. Overall, the data suggests that the company is facing significant operational challenges in this reporting period.