Apollo Tyres reports earnings miss, analysts revise forecasts
after close1 source ↓written by the desknot a recommendation
- analyst expectations
- 45%
- Revenue was approximately
- ₹68b
- 5% increase
- projected to rise
- 97%
- ₹24.62
Apollo Tyres Limited reported earnings per share of ₹4.07, missing analyst expectations by 45%. Revenue was approximately ₹68b, aligning with estimates. Following this, analysts now forecast revenues of ₹280.7b for 2026, a 5% increase, with per-share earnings projected to rise 97% to ₹24.62. This earnings miss may lead to revised market sentiment.
Not investment advice. For informational purposes only.