Are Apollo Tyres latest results good or bad?

Apollo Tyres has reported its financial results for the quarter ending June 2025, which reflect a challenging operational environment. The Profit After Tax (PAT) for the quarter is Rs 137.18 crore, representing a notable decline compared to the average PAT of Rs 310.38 crore over the previous four quarters. This indicates a negative trend in profitability.
The Earnings per Share (EPS) has reached its lowest point in the last five quarters at Rs 0.20, suggesting a reduction in earnings available to shareholders. Additionally, the Debtors Turnover Ratio has declined to 8.53 times, indicating a slowdown in the company's efficiency in managing its receivables.

On a more favorable note, the operating profit to interest ratio has improved to 8.63 times, marking the highest level in the last five quarters, which reflects better management of interest obligations. Furthermore, the Debt-Equity Ratio has decreased to 0.30 times, the lowest in the last ten half-yearly periods, indicating a reduction in leverage relative to equity.

In terms of quarterly performance, the net sales showed a growth of 2.14% compared to the previous quarter, while the consolidated net profit experienced a significant decline of 93.02%. The operating profit margin remained relatively stable at 13.04%.

Overall, the company saw an adjustment in its evaluation, reflecting the mixed results of its operational performance during this period.