Apollo Tyres stays on course despite FY25 headwinds; commits to net zero, people-first culture
closed FY25 with consolidated revenue of ₹26,123 crore, marking a 3 per cent growth amid a challenging macroeconomic environment. The company's net profit stood at ₹1,121 crore, lower than the previous year, impacted by global demand shifts and pricing pressures.
Addressing shareholders at the company's 52nd Annual General Meeting, Chairman Onkar Kanwar emphasised the importance of sustainable, values-driven growth. 'We do not chase growth at any cost. We focus on the quality of growth and the values that underpin it,' he said.
Kanwar highlighted Apollo's continued investments in building a
people-first culture
. The company was recognised by the Top Employers Institute across multiple geographies including India, and also received the Sword of Honour from the British Safety Council.
Apollo's sustainability initiatives
On the sustainability front, Apollo is working towards its
Net Zero 2050
goal. The company is reducing Scope 1 and 2 emissions intensity, expanding renewable energy usage, and improving resource efficiency. Its Chennai facility was awarded by the Clean Energy Ministerial and FICCI for excellence in energy and water efficiency. Apollo Tyres also received a Gold Rating from EcoVadis, placing it in the top 5 per cent globally for sustainability performance.
Looking ahead, Kanwar said the company would continue investing in digital capabilities, market expansion, and talent development. 'We may not have had a perfect year — but we have a strong foundation and a shared vision,' he noted.
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