Apollo Tyres Ltd announced the appointment of Rajeev Kumar Sinha as the chief manufacturing officer on 2 April 2025. He will lead the global manufacturing team, driving the global manufacturing agenda, including strategy and planning, performance optimisation, plant management, integrated manufacturing services (IMS), corporate industrial engineering (IE) and deployment of Advanced Manufacturing Systems, including AI/ML solutions.
Apollo Tyres Ltd reports that it is expanding its collaboration with Claas by introducing 14 new sizes of Vredestein Traxion tyres for the Arion 500 and 600 midrange tractors.
Vredestein tyres have long been available for larger Claas tractors, including Axion 800 and 900 models manufactured in Le Mans, France, and the Xerion range produced in Harsewinkel, Germany. Expanding the Traxion range for Arion 500 and 600 models addresses reported “strong demand from end users for Vredestein tyres across a diverse range of Claas equipment”.
Although Apollo Tyres’ capital expenditure won’t reach its targeted level of Rs 10 billion (£92.2 million) during the 2025 financial year, it’ll be a different story when the new year begins on 1 April. In addition to confirming that FY25 CapEx will only “be around” Rs 7 billion to Rs 8 billion (£64.5 million to £73.7 million), during an investor conference call on 7 February Chief Financial Officer Gaurav also mentioned that the tyre maker intends to significantly raise CapEx for FY26 and shared details of specific projects.
Apollo Tyres Ltd has announced its unaudited financial results for the third quarter (October to December) and nine first months of the 2024-25 financial year, reporting consolidated revenue of Rs 69.28 billion (£635.30 million), an increase of 5.1 per cent over the same period last fiscal. Both the tyre maker’s Indian and European operations delivered mid-single-digit revenue growth during the quarter. Operating profit declined 21.6 per cent compared with the prior year, to Rs 9.47 billion (£86.84 million), while net profit was, at Rs 3.37 billion (£30.90 million), 32.2 per cent lower.
The British Safety Council has awarded Apollo Tyres Ltd its Sword of Honour, demonstrating excellence in the management of health and safety risks at work. The company’s plant in Andhra Pradesh, India gained this distinction after achieving Five Stars in the British Safety Council health and safety management audit conducted in the qualification period between 1 August 2023 and 31 July 2024. The tyre maker also demonstrated, to an independent panel, excellence in its health and safety management throughout the business – from the shopfloor to the boardroom.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.
