Apollo Tyres Ltd (NSE:APOLLOTYRE)
₹ 513.75 4.1 (0.8%) Market Cap: 326.44 Bil Enterprise Value: 363.31 Bil PE Ratio: 22.57 PB Ratio: 2.29 GF Score: 88/100

Q3 2024 Apollo Tyres Ltd Earnings Call Transcript

Feb 08, 2024 / 10:00AM GMT
Release Date Price: ₹538.8 (-2.43%)
Operator

Hello everyone, on behalf of Equirus Securities, I welcome you all in the third quarter of the FY '24 earnings call of Apollo Tires. From the management side, we have Vice Chairman and Managing Director, Mr. Neeraj Kanwar; CFO Mr. Gaurav Kumar and members of the IR team. Without further ado, I hand over the call to Mr. Kanwar for opening remarks, post which we can open the call for Q&A. Over to you, Mr. Kanwar.

Neeraj Kanwar
Apollo Tyres Ltd - Vice Chairman & MD

Thank you and good afternoon and thank you for joining us today. As always, I welcome you all to our post results quarter call. Over the last few years, we have tirelessly focused on improving business fundamentals. Despite subdued demand conditions and challenging environment across some of our key markets, the team has really delivered its best ever operating performance with our highest ever consolidated EBITDA of more than INR12 billion in quarter three FY '24.

Let me take this opportunity to thank all our stakeholders for their continued support as we scale new heights. I remain

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