Apollo Tyres Ltd Q3 FY2022-23 consolidated PAT climbs to Rs. 292.10 crores

Apollo Tyres Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 6429.482 crores during the period ended December 31, 2022 as compared to Rs. 5962.898 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 292.106 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 194.452 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 4.60 for the period ended December 31, 2022 as compared to Rs. 3.06 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹6429.482 crs	₹5962.898 crs	7.82%
Net Profit	₹292.106 crs	₹194.452 crs	50.22%
EPS	₹4.60	₹3.06	50.33%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.6429.482 crores during the period ended December 31, 2022 as compared to Rs.5724.433 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.292.106 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.223.544 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.4.60 for the period ended December 31, 2022 as compared to Rs.3.52 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹6429.482 crs	₹5724.433 crs	12.32%
Net Profit	₹292.106 crs	₹223.544 crs	30.67%
EPS	₹4.60	₹3.52	30.68%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.18344.986 crores during the 9 Months period ended December 31, 2022 as compared to Rs.15455.566 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.677.238 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.525.150 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.66 for the 9 Months period ended December 31, 2022 as compared to Rs.8.27 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹18344.986 crs	₹15455.566 crs	18.70%
Net Profit	₹677.238 crs	₹525.150 crs	28.96%
EPS	₹10.66	₹8.27	28.90%

Shares of Apollo Tyres Limited was last trading in BSE at Rs. 329.70 as compared to the previous close of Rs. 321.30. The total number of shares traded during the day was 545186 in over 6960 trades.

The stock hit an intraday high of Rs. 336.40 and intraday low of 321.35. The net turnover during the day was Rs. 178636101.00.

Source : Equity Bulls

Keywords

ApolloTyres Q3FY23 9MFY23 ResultUpdate