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Apollo Tyres hitches a growth ride despite demand snag
Mint Mumbai
|August 13, 2025
Apollo Tyres Ltd faced weak demand in the June quarter.
Apollo Tyres Ltd faced weak demand in the June quarter. Thus, its India volume growth was little changed year-on-year—low single-digit growth in replacement, mid-single-digit in OEM (original equipment manufacturer), and lower export volumes.
Replacement volumes were broadly in line with industry levels. Truck bus radial (TBR) volumes were slightly ahead, while passenger car radial (PCR) volumes lagged marginally.
Demand is set to improve from the second half of FY26, driven by the replacement segment and steps to lift growth in TBR/PCR from Q2, the management said. But the expectations are not rosy.
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