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Apollo Tyres names Rohit Singh as rural sales head
KOLKATA: Apollo Tyres has sharpened its rural growth ambitions with the appointment of Rohit Singh as head, rural sales, placing a long-serving insider at the centre of its next expansion drive.
Singh, who took charge in December 2025, will lead Apollo Tyres’ rural business nationally, with a mandate to accelerate trade penetration, strengthen channel partnerships and deepen distribution across India’s vast non-urban markets. The move signals a renewed focus on rural demand as tyre makers chase volume growth amid slowing urban replacement cycles.
An IIM Calcutta alumnus, Singh brings nearly three decades of experience within Apollo Tyres, having risen through the ranks across eastern, northern and central India. His most recent role as zonal head saw him oversee key markets in east and north-east India, delivering operational scale and sales discipline across diverse geographies.
Apollo’s rural strategy hinges on tighter dealer integration, sharper product positioning and faster last-mile execution: areas where Singh has built his reputation. Industry executives say the appointment reflects Apollo’s preference for continuity at a time when rural incomes, infrastructure spending and mobility demand are showing uneven but improving trends.
Singh’s career spans leadership roles from territory and district management to regional and zonal oversight, covering states including Uttar Pradesh, Bihar, Jharkhand, Odisha and West Bengal. This ground-up exposure is expected to be critical as Apollo recalibrates its rural playbook to balance price sensitivity with brand pull.
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Angel One Q4 profit surges 83 per cent to Rs 320cr
year net profit dips 22 per cent to Rs 915cr as revenue softens slightly to Rs 5,137cr.
MUMBAI: Angel One has just earned its wings in style delivering a blockbuster Q4 that proves the brokerage giant is still flying high even in a cautious market. Standalone revenue from operations for the three months ended 31 March 2026 rose sharply to Rs 1,459cr, up from Rs 1,056cr a year ago. Total income stood at Rs 1,467cr. After all expenses, profit before tax came in at Rs 440cr, while net profit for the quarter surged 83 per cent to Rs 320cr (versus Rs 175cr last year). Basic EPS stood at Rs 3.52 and diluted at Rs 3.44.
For the full year ended 31 March 2026, revenue from operations was Rs 5,137cr compared with Rs 5,238cr in FY25. Total income reached Rs 5,152cr. Profit before tax was Rs 1,272cr, and net profit came in at Rs 915cr (down from Rs 1,172cr). Basic EPS was Rs 10.09 (from Rs 13.00) and diluted Rs 9.85 (from Rs 12.68).
Total comprehensive income for the quarter stood at Rs 321cr, while the full-year figure was Rs 913cr.
The strong quarterly performance reflects robust growth in interest income (Rs 455cr) and fees & commission (Rs 1,000cr), even as the full-year numbers moderated amid a softer overall environment. Finance costs rose to Rs 134cr in Q4 (full year Rs 437cr), while employee benefits stood at Rs 244cr for the quarter (full year Rs 1,067cr).
In a year when many brokers felt the pinch of muted market activity, Angel One has delivered a sparkling Q4 that shows its core broking engine is firing on all cylinders. With the books now closed on FY26, the Mumbai-based player has once again demonstrated that consistent execution and a sharp focus on retail participation continue to pay rich dividends in India’s booming capital markets.
