Apollo Tyres Ltd remains committed to disciplined execution, profitable growth and long-term sustainability despite an increasingly uncertain global business environment, Chairman Onkar S. Kanwar said while addressing shareholders at the company’s 53rd Annual General Meeting (AGM).
Highlighting the company’s performance during FY26, Kanwar said Apollo Tyres delivered another year of strong financial results, with consolidated revenue crossing ₹28,000 crore to reach ₹28,471 crore, while operating profit increased to ₹4,143 crore. He added that the company continued to strengthen capital efficiency, improve operational discipline and maintain its focus on sustainable, profitable growth.
Navigating Global Challenges
Kanwar acknowledged that geopolitical tensions, evolving trade dynamics and broader economic uncertainties continued to shape the global business landscape. Despite these headwinds, he said Apollo Tyres remained focused on disciplined execution, responsible growth and creating long-term value for stakeholders.
According to Kanwar, the company’s consistent approach has enabled it to remain resilient while continuing to invest in innovation, operational excellence and future growth opportunities.
Brand Strength and Team India Partnership
Beyond financial performance, Apollo Tyres continued to strengthen its brand through its association with Team India. Kanwar described the partnership as a reflection of the company’s core values, including resilience, determination, excellence and the ability to perform under pressure.
He noted that the collaboration reinforces Apollo Tyres’ commitment to inspiring confidence and performance both on and off the field.
Sustainability at the Core
Sustainability remained a central pillar of Apollo Tyres’ growth strategy during FY26.
Kanwar said the company’s greenhouse gas emissions reduction targets were validated by the Science Based Targets initiative (SBTi), reaffirming its commitment to achieving net-zero emissions by 2050.
The company also continued to expand renewable energy adoption, strengthen responsible sourcing practices and improve resource efficiency across its operations. Kanwar emphasized that sustainability has become deeply embedded in Apollo Tyres’ innovation, manufacturing and long-term business strategy.
Strengthening Global Operations
Kanwar acknowledged the contributions of employees across Apollo Tyres’ global operations and thanked governments and institutions in the countries where the company operates for their continued support.
He also highlighted the company’s partnership with the Government of Hungary, which has played a significant role in strengthening Apollo Tyres’ European operations, particularly through its manufacturing facility in Gyöngyöshalász.
Confident About Future Growth
Looking ahead, Kanwar expressed confidence in Apollo Tyres’ long-term growth prospects, supported by India’s expanding economy and the company’s diversified global presence.
He noted that while uncertainty will always remain a part of doing business, organizations that stay true to their values, continue to innovate and invest responsibly will be best positioned to achieve sustained success in the years ahead.
