Apollo Tyres CFO Gaurav Kumar Resigns After 22-Year Tenure

Europe Drags Margins PAT at Rs 34.9 Cr in Q1 FY27 (consolidated), +2,609.1% YoY; includes exceptional IL&FS recovery of Rs 25 Cr, partly offset by Rs 1.2 Cr employee reorganisation cost; adjusted PAT ~Rs 11 Cr. Revenue at Rs 7,398 Cr in Q1 FY27 (consolidated), +12.8% YoY. EBITDA at Rs 926 Cr, +4.5% YoY. EBITDA margin at 12.5% vs 13.5%; raw-material costs grew 24.6% vs revenue growth of 12.8%. Europe segment results fell 68.5% YoY despite 10.3% revenue growth, while APMEA results grew 13.9%. Whole-time Director and CFO Gaurav Kumar resigned as director effective August 6, 2026, while continuing as CFO during the transition. Statutory auditors issued unmodified limited-review conclusions.