Apollo Tyres reports record revenue and margin gains
pre-market1 source ↓written by the desknot a recommendation
Apollo Tyres reported record revenue in Q3 FY26, driven by strong double-digit growth in India. The EBITDA margin improved to 15.3%, while net debt was halved. Major CapEx plans for capacity expansion were announced, enhancing rural traction despite flat performance in Europe. 📈
This growth signals positive momentum for traders, particularly in the Indian market, as brand initiatives take effect.
Not investment advice. For informational purposes only.