In December 2023, Apollo Tyres reported net sales of Rs 4,331.93 crore, indicating a 2.01% increase from Rs 4,246.62 crore in December 2022. The quarterly net profit for December 2023 was Rs 295.62 crore, reflecting a significant 114.9% rise from Rs 137.56 crore in December 2022. EBITDA (earnings before interest, tax, depreciation, and amortization) reached Rs 796.70 crore in December 2023, showing a substantial 42.72% increase from Rs 558.23 crore in December 2022.
Apollo Tyres’ earnings per share (EPS) rose to Rs 4.65 in December 2023 from Rs 2.17 in December 2022. On February 7, 2024, Apollo Tyres shares closed at Rs 552.25 on the BSE, providing a return of 26.98% over the last 6 months and 68.39% over the last 12 months.