Apollo Tyres September profit rises, CFO appointed and Rs 1,000 crore debt plan approved
APOLLOTYRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts more than Nifty Smallcap 250 and 2.1 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved unaudited September 2026 results. Consolidated quarterly revenue rose 17% to Rs 7,968 crore and net profit rose 13% to Rs 292 crore; earnings per share was Rs 4.62. Half-year profit was Rs 641 crore. Internal finance head Ravi Kumar Shingari was appointed CFO. The board also approved a private placement of up to Rs 1,000 crore in non-convertible debentures, subject to shareholder approval.
Profit growth supports sentiment, but borrowing may raise leverage and interest costs. The internal CFO appointment supports finance continuity.