APL Apollo Tubes consolidated net profit declines 10.82% in the March 2018 quarter

Sales rise 37.93% to Rs 1454.58 crore

Net profit of APL Apollo Tubes declined 10.82% to Rs 44.51 crore in the quarter ended March 2018 as against Rs 49.91 crore during the previous quarter ended March 2017. Sales rose 37.93% to Rs 1454.58 crore in the quarter ended March 2018 as against Rs 1054.61 crore during the previous quarter ended March 2017.

For the full year,net profit rose 5.18% to Rs 159.99 crore in the year ended March 2018 as against Rs 152.11 crore during the previous year ended March 2017. Sales rose 35.51% to Rs 5156.13 crore in the year ended March 2018 as against Rs 3805.08 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1454.581054.61 38 5156.133805.08 36 OPM %7.068.13 -7.208.75 - PBDT81.9369.43 18 297.75266.91 12 PBT66.9756.35 19 244.34216.01 13 NP44.5149.91 -11 159.99152.11 5

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