PTL Enterprises

PTL Enterprises Limited operates by leasing out its large-scale tyre manufacturing facility, located in Kalamassery, Kerala, to its partner, Apollo Tyres Ltd. The company’s main objective is to meet the expectations and goals of its stakeholders as well as the broader society. It is committed to following the highest standards of ethical and responsible business practices to create value for all its partners. The company's primary activity centers on its long-term plant lease agreement with Apollo Tyres Ltd., which extends until March 31, 2030. This strategic business model provides the company with a stable and consistent source of income from the rent of its tyre unit. This approach has proven successful, with the company recording a net profit of ₹3,629.51 Lakhs for the year under review.;