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Below are the financial statements of Apollo Tyres, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Apollo Tyres, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Revenue from operations | 253,777.15a | 245,681.3a |
| Other income | 1,535.73a | 410.92a |
| Total income | 255,312.88a | 246,092.22a |
| Expenses | — | — |
| Cost of materials consumed | -110,559.02a | -122,619.59a |
| Purchase of stock-in-trade | -23,763.03a | -26,782.74a |
| Changes in inventories of finished goods, stock-in-trade and work-in-progress | -2,309.04a | -3,031.77a |
| Employee benefits expense | -29,640.01a | -26,199.21a |
| Finance costs | -5,059.41a | -5,312.35a |
| Depreciation and amortisation expense | -14,778.3a | -14,191.42a |
| Other expenses | -43,032.6a | -39,975a |
| Total expenses | -229,141.41a | -232,048.54a |
| Profit before share of profit in associate/joint venture, exceptional items and tax | 26,171.47a | 14,043.68a |
| Share of profit in associate/joint venture | 3.61a | 2.42a |
| Profit before exceptional items and tax | 26,175.08a | 14,046.1a |
| Exceptional items | 773.04a | -225.77a |
| Profit before tax | 25,402.04a | 14,271.87a |
| Tax expense | — | — |
| Current tax | -4,208.79a | -2,506.93a |
| Deferred tax | -3,974.59a | -1,306.5a |
| Total tax expense | -8,183.38a | -3,813.43a |
| Profit for the year | 17,218.66a | 10,458.44a |
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