Facebook Pixel Apollo Tyres’ margins hold up, but competition is closing in | Mint Hyderabad - newspaper - Bu hikayeyi Magzter.com'da okuyun
Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

Apollo Tyres’ margins hold up, but competition is closing in

Mint Hyderabad

|

November 19, 2025

Apollo Tyres Ltd saw a higher-than-anticipated improvement in profitability in the September quarter (Q2FY26) on easing raw material costs.

- Harsha Jethmalani harsha.j@htlive.com

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.

Mint Hyderabad'den DAHA FAZLA HİKAYE

Mint Hyderabad

Mint Hyderabad

ARE MEN DRESSING SEXIER?

The Indian male shopper is rethinking how he wants to be seen. Moving beyond safe, buttoned-up dressing, he is looking to experiment—and brands are responding by offering styles that push past the clichéd formal look

time to read

5 mins

April 25, 2026

Mint Hyderabad

Mint Hyderabad

Does anyone care about the Indian reader?

English-language publishing in India shows a poverty of imagination and no quality control

time to read

4 mins

April 25, 2026

Mint Hyderabad

India's avocado boom fuels import surge as local supply lags

From breakfast toast to smoothie bowls, avocados are fast becoming a daily staple for Indians.

time to read

3 mins

April 25, 2026

Mint Hyderabad

Mint Hyderabad

Ficci asks govt to drop audit rule change, flags cost, quality risks

The Federation of Indian Chambers of Commerce and Industry (Ficci) has asked the government to scrap a proposal to ban audit firms from offering non-audit services to clients for three years after their term ends.

time to read

3 mins

April 25, 2026

Mint Hyderabad

Gulf strikes sink airlines' global traffic in March

International departures by Indian airlines fell 40% year-on-year to 11,284 flights in March from 18,502 a year earlier.

time to read

3 mins

April 25, 2026

Mint Hyderabad

Mint Hyderabad

Dance, don't perform

The virality of reels is changing the way people dance. It's about likes and follows, not the joy of simply moving

time to read

2 mins

April 25, 2026

Mint Hyderabad

SEXY BACK

INDIAN MEN ARE MOVING BEYOND SAFE, BUTTONED-UP DRESSING, AND LOOKING TO EXPRESS THEMSELVES IN STYLISH NEW WAYS

time to read

1 min

April 25, 2026

Mint Hyderabad

Ralph Lauren, Lanvin double down on India luxury market

Even as global luxury demand shows signs of cooling, international brands are accelerating their India playbooks, betting the country’s still-nascent but fast-evolving luxury market will deliver long-term growth.

time to read

2 mins

April 25, 2026

Mint Hyderabad

Feeling extraordinary

Among all the finery at Indian weddings, there are a few things you can always spot among the guests—grubby jeans, hiking boots and polo shirts.

time to read

1 mins

April 25, 2026

Mint Hyderabad

Mint Hyderabad

Telecom operators evaluate risks posed by Claude Mythos

Telecom operators Bharti Airtel Ltd and Vodafone Idea Ltd are evaluating the risks posed by Anthropic’s Claude Mythos, an AI model that identifies cybersecurity vulnerabilities in operating systems.

time to read

2 mins

April 25, 2026

Listen

Translate

Share

-
+

Change font size