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Apollo Tyres – steady revenue growth amid challenging conditions in H1 FY25

Apollo Tyres Ltd has reported modest revenue growth for the first half of the financial year that ends 31 March 2025 (FY25), reflecting strong replacement segment performance in India and a robust passenger vehicle segment contribution in Europe. The company’s performance reflects a mixed landscape, with supply chain costs and inflationary pressures continuing to affect profitability, particularly in India, its largest market.

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Related news:

  1. Apollo Tyres looking for ‘healthy topline growth’ after 22% sales increase in FY 2017-18
  2. Apollo Tyres: Stable sales in Europe, but profits further in the red
  3. Apollo Tyres: Cost of raw materials, chip shortage impacts on operating performance
  4. Apollo Tyres: Q1 2022-23 financial results
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Apollo Tyres expands EnduRace range with new 60 Series

Apollo Tyres has expanded its EnduRace range of truck and trailer tyres for 22.5-inch rims, introducing two new long-life products designed for heavy-duty applications. These additions mark the company’s debut in the 60-profile segment. Apollo Tyres adds that it designed the EnduRace RD 60 Series drive tyre and RA 60 Series trailer tyre for heavy-duty applications, delivering “superior performance, durability and efficiency” for commercial fleets.

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Related news:

  1. Apollo EnduRace RD2 now available in 295/80 R22.5
  2. New size options join Apollo EnduRace RA2 range
  3. SL Apollo Tyres Trucksport Gears Up for FIA ETRC
  4. Apollo Tyres opens €475 million greenfield Hungarian plant
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Apollo’s ‘critical role’ in commercial vehicle tyres, retreads and fleet solutions

Commercial vehicles are the backbone of supply chains, and their tyres play a crucial role in keeping everything moving smoothly. As the industry responds to changing regulatory requirements and intense competition, fleet operators demand tyres that can handle heavy loads, navigate various weather conditions and optimise fuel efficiency. Yves Pouliquen, VP commercial at Apollo Tyres recently spoke to Tyres & Accessories and shared about the manufacturer’s answers to those questions.

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Related news:

  1. Apollo Tyres opens €475 million greenfield Hungarian plant
  2. Apollo OE on Schwarzmüller trailers
  3. Apollo seeking European TBR tyre market share boost with new products, increased production
  4. First commercial OEM deal: Apollo tyres for Iveco Way lines
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Apollo recalls 4300 tyres

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Apollo Tyres Ltd is recalling 4,300 tyres supplied to its distributor partners in Europe (3,540 units), Turkey (266 units), the USA (194 units), and the United Arab Emirates (26 units). The remainder are still in the tyremaker’s own warehouses. According to the company, the recall covers 28 different passenger car product lines, across both the Apollo and Vredestein tyres brands.

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Related news:

  1. Apollo Tyres opens €475 million greenfield Hungarian plant
  2. Conserving costs, maximising business: Apollo Tyres’ response to the coronavirus pandemic
  3. Apollo Tyres: Netherlands car tyre production down, but not out
  4. Apollo Vredestein plant restructuring: Dutch politicians seek answers from European Commission
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Apollo Tyres reports 24% lower profit in Q1 2024/5

The Board of Directors of Apollo Tyres Ltd has approved the company’s unaudited results for the first quarter of the financial year 2024-25, reporting a consolidated revenue of Rs 63.35 billion (£590.70 million). Operating profit amounted to Rs 9.09 billion (£84.68 million), down 13.5% from a year earlier, while net profit decreased 23.9% year-on-year, to Rs 3.02 billion.

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Related news:

  1. Apollo Tyres maintains turnover, increases profits
  2. Apollo Tyres looking for ‘healthy topline growth’ after 22% sales increase in FY 2017-18
  3. Apollo Tyres: Stable sales in Europe, but profits further in the red
  4. Apollo Tyres: Cost of raw materials, chip shortage impacts on operating performance
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Apollo Tyres harnessing IoT solution to lift productivity & save energy

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Faced with limited insight into the performance of its tyre manufacturing equipment, Apollo Tyres recently sought an Internet of Things (IoT) solution that would digitalise and standardise its manufacturing processes. It approached Deloitte, who worked with the tyre maker to implement such a solution on Amazon Web Services (AWS), connecting production equipment to a data lake. The result was a 9% increase in productivity on primary equipment and 3% reduction in energy usage.

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Related news:

  1. Aiming for market leadership: Apollo investing a further £610 million in India
  2. Cutting ‘bad’ costs, working smarter – Apollo MD Neeraj Kanwar answers T&A’s questions
  3. Falken Tire takes pole position in 2020 global social media ranking
  4. Conserving costs, maximising business: Apollo Tyres’ response to the coronavirus pandemic
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Apollo Tyres reports 65% increase in FY24 net profit

Apollo Tyres Ltd.’s Board of Directors has approved the company’s audited financial results for the fourth quarter and the full financial year 2023-24. The Board also recommended a dividend payout of Rs 6.00 per equity share (600%) on a face value of Re 1 each for FY24, pending shareholder approval at the upcoming Annual General Meeting.

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Related news:

  1. Apollo Tyres: Q1 2022-23 financial results
  2. Apollo Tyres’ 9M revenue up 19%
  3. Apollo Tyres: Full-year net profit up 73%
  4. Apollo Tyres lifts net profit 124%
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SL Apollo Tyres Trucksport Gears Up for FIA ETRC

SL Apollo Tyres Trucksport is finalising preparations for the forthcoming Goodyear FIA European Truck Racing Championship (FIA ETRC), which commences on 25 May. Following a successful debut season in 2023, the team has undertaken “extensive preparatory work” during the winter break to enhance the competitiveness and reliability of its race truck. The focus has been on addressing mechanical issues encountered last season, aiming to maximise performance and potential race wins across the upcoming demanding five-month season.

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Related news:

  1. Apollo truck racer wants to push on with podium in sight
  2. New size options join Apollo EnduRace RA2 range
  3. Goodyear continues as exclusive FIA European Truck Racing tyre supplier
  4. Apollo Tyres’ Thelma truck to race at Le Mans ‘one more time’
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Apollo Tyres partners on EV tyre cut & chip test track

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Apollo Tyres has announced a “significant partnership” with India’s National Automotive Test Tracks (NATRAX), one of the country’s leading providers of testing and validation services. The partners are establishing a test track for validating electric vehicle tyres and low rolling resistance tyres. According to Apollo Tyres, this dedicated testing facility for EV manufacturers is the first of its kind in India.

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Related news:

  1. Apollo launches Amazer XP for India’s growing eco segment
  2. Apollo launches first EV-specific tyres
  3. India announces new tyre standards
  4. India: Apollo Tyres debuts Avolve service model
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New size options join Apollo EnduRace RA2 range

With the introduction of new 295/80 and 315/80 size options in April, Apollo Tyres is expanding its range of next-generation EnduRace RA 2 ‘regional transport’ truck tyres for 22.5-inch rims. Developed and manufactured in Europe, the EnduRace RA 2 features a slim, compact tread design with a wide contact area. Apollo Tyres says this configuration delivers enhanced all-season grip, low rolling resistance and high levels of durability, making it an attractive option for medium- and long-distance hauliers across Europe.

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Related news:

  1. Apollo Tyres launches first long-haul trailer tyre for European market, A-rated EnduMile LHT
  2. New Apollo EnduRace RT2 size
  3. Market debut for Apollo Tyres’ A-rated LHT tyre
  4. Additional size joins Apollo EnduMile LHT range
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Kanwar Tulip celebrates Apollo Tyres’ Dutch connection

Along with cheese, clogs and windmills, many people closely associate tulips with the Netherlands. Apollo Tyres has thus commissioned an all-new variant of Tulipa to mark the 15th anniversary of its acquisition of Vredestein as well as the recent 115th anniversary of the Dutch brand’s founding. This new variant is named after the Kanwar family, which founded and owns Apollo Tyres.

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Related news:

  1. Apollo Tyres buys Germany’s reifen.com
  2. Apollo’s acquisition of reifen.com a ‘sound strategic extension of the value chain’
  3. 750 jobs to go at Apollo Vredestein’s Netherlands plant
  4. Apollo Tyres’ management takes coronavirus pay cut
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Apollo expands Terra Pro line-up

Five further size options have joined the Apollo Terra Pro range, widening its compatibility with construction equipment such as telescopic handlers, compact loaders and backhoe loaders. Apollo Tyres will now offer the Terra Pro series in the following new sizes: 340/80R20 Terra Pro 1044; 365/80R20 Terra Pro 1045; 405/70R24 Terra Pro 1045; 500/70R24 Terra Pro 1044; and 500/70R24 Terra Pro 1045.

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Related news:

  1. Apollo Tyres opens €475 million greenfield Hungarian plant
  2. Vredestein motorcycle tyre range coming in 2019
  3. First truck tyres shipped from Apollo Tyres’ Hungary plant
  4. India: Apollo launches enduro range for premium motorcycles
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Garga resigns as Apollo Tyres’ APMEA marketing chief

Vikram Garga has announced his resignation as Group Head, Marketing for Apollo Tyres Ltd.’s Asia Pacific, Middle East & Africa (APMEA) region. Garga cites “personal reasons” as the motivation behind his decision to leave the company. His resignation takes effect from the close of business hours on 31 March 2024.

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Related news:

  1. Apollo Tyres inaugurates India’s first Vredestein outlet
  2. Francesco Gori appointed as Apollo Tyres advisor for strategy
  3. Vredestein motorcycle tyre range coming in 2019
  4. Apollo Vredestein plant restructuring: Dutch politicians seek answers from European Commission
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Apollo: New Vredestein Ultrac Pro offers ‘remarkable weight reduction’

When Apollo Tyres’ Vredestein Ultrac Pro UUHP summer tyre launches next month it will offers a “groundbreaking lightweight design that maximises performance and comfort while dramatically reducing weight and environmental impact”, according to the company.

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Related news:

  1. Conserving costs, maximising business: Apollo Tyres’ response to the coronavirus pandemic
  2. Conti SportContact 7 ‘sets benchmark’ in Tyre Reviews UUHP tyre test
  3. Apollo Tyres opens €475 million greenfield Hungarian plant
  4. Budget segment making inroads in UK high rim diameter tyre market – GfK
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No work please, we’re British

We almost spilled our pints upon reading comments Neeraj Kanwar allegedly made about British workers. In news now reported by numerous media sites, Daily Mail associate city editor John-Paul Ford Rojas quotes the vice-chairman and managing director of Apollo Tyres Ltd. as opining that employees in the UK “hardly work,” preferring instead to “go to the pub.” Kanwar concedes that these comments were just a “quip” – but he’s unlikely to consider the UK for a future tyre plant.

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Related news:

  1. Apollo Tyres opens €475 million greenfield Hungarian plant
  2. Hungary confirmed for first Apollo greenfield factory outside India
  3. Apollo Tyres buys Germany’s reifen.com
  4. Cutting ‘bad’ costs, working smarter – Apollo MD Neeraj Kanwar answers T&A’s questions
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