Essayer OR - Gratuit
Apollo Tyres’ margins hold up, but competition is closing in
Mint Kolkata
|November 19, 2025
Apollo Tyres Ltd saw a higher-than-anticipated improvement in profitability in the September quarter (Q2FY26) on easing raw material costs.
Consolidated Ebitda margin expanded 90 basis points (bps) sequentially, led by 170 bps rise in gross margin to 14.9%. It exceeded the consensus estimate of 14%.
Raw material cost fell 3% sequentially in Q2. Natural rubber is trading at ₹210 per kg, synthetic rubber at ₹175 per kg, and carbon black at ₹115 per kg, the company said. The company expects these costs to remain stable or even move slightly lower in Q3FY26. Benign raw material cost, an improving mix towards replacement and exports and closure of Enschede plant in the Netherlands by June 2026 should unlock structural cost benefits, aiding profitability.
Cette histoire est tirée de l'édition November 19, 2025 de Mint Kolkata.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Kolkata
Mint Kolkata
US talks up partnership with India; trade discussions today
in the initial few hours.
1 mins
January 13, 2026
Mint Kolkata
Commissions trump advice in India's wealth management biz
India's wealth management sector is sticking to lucrative commissions over more transparent advisory fees, even a decade after the regulator pushed for a shift.
1 min
January 13, 2026
Mint Kolkata
Food effect lifts Dec CPI inflation
India's retail inflation rose for the second successive month in December, data released by the statistics ministry on Monday showed, driven by a moderation in negative food inflation and an uptick in core inflation.
1 min
January 13, 2026
Mint Kolkata
Budget to lay down India’s blueprint for AI, deeptech
Artificial intelligence (AI) may get the pride of place in the upcoming Union budget, with the Centre crafting a long-term blueprint to support the emerging sector against the backdrop of China’s technology ascent.
1 min
January 13, 2026
Mint Kolkata
Russian flags proliferate over shadow fleet of oil tankers
cargo and avoid detection.
2 mins
January 13, 2026
Mint Kolkata
Meta taps ex-Trump adviser for role in AI buildout
Powell McCormick had joined Meta last April, but resigned.
1 mins
January 13, 2026
Mint Kolkata
Modi, Merz push defence, trade ties amid global flux
As many as 19 pacts were inked, including a declaration on defence industrial cooperation
3 mins
January 13, 2026
Mint Kolkata
Venezuelan crude on offer to India, China
Vitol and Trafigura have started discussions on Venezuelan crude oil sales with refiners in India and China for cargoes to be delivered in March, several traders said on Monday.
1 min
January 13, 2026
Mint Kolkata
NSE targets filing IPO documents by the end of March
The National Stock Exchange of India Ltd (NSE), the country’s largest exchange, plans to file its draft prospectus for its long awaited public listing by the end of March, according to two people familiar with the matter.
1 mins
January 13, 2026
Mint Kolkata
Why India's iron ore imports are rising
A global glut of highgrade iron ore is reshaping India’s raw material economics—and pushing steelmakers to import more at home’s expense.
2 mins
January 13, 2026
Listen
Translate
Change font size