Apollo Tyres on Wednesday reported a consolidated net profit of Rs 287.26 cr for the Quarter ended 31 March 2021, down from Rs 443.80 cr in Q3FY21, the company today said in its exchange filing. However, the year-on-year (YoY) net profit is significantly up. Apollo Tyres had reported a net profit of Rs 77.8 cr for the corresponding period in Q4FY20.

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The Profit After Tax (PAT) or net profit was up by a whopping 268.94 per cent on the YOY basis.  

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Total Income from operations stood at Rs 508.75 cr in Q4FY21 as against Rs 360 cr during Q4FY20. In Q3FY21 total income from operations was Rs 521.74 cr. Total Income went up by over 41 per cent on the YOY basis.

The company also announced an EPS (Earnings Per Share) of Rs 4.52 which was higher from Rs 3.04 declared in the quarter ended 31 March 2020. This was up over 48 per cent on the YOY basis. Meanwhile, the company had declared an EPS of Rs 7.01 in Q3FY 2021. On the QoQ basis, the EPS was down by 35 per cent.

Financial Results (Year ended FY 20-21) - YoY Comparison

  1. Apollo Tyres has reported a total income of Rs 17,526.38 cr during the 12 months period ended 31 March 2021 as against to Rs 16,373.87 cr during the 12 months period ended 31 March 2020, the company said in its filing today.
  2. Apollo Tyres has posted net profit of Rs 350.21 cr for the 12 months period ended 31 March 2021 as against net profit of Rs 476.39 cr for the 12 months period ended 31 March 31 2020.
  3. The company has reported EPS of Rs.5.68 for the 12 months period ended March 31, 2021 as compared to Rs.8.33 for the 12 months period ended March 31, 2020.  

Today the shares of Apollo Tyres Ended at Rs 222.15 on the NSE, going down by over 0.8 per cent from the last closing price on Tuesday.