APL Apollo Tubes standalone net profit declines 10.14% in the September 2016 quarter

Sales decline 18.20% to Rs 549.47 crore

Net profit of APL Apollo Tubes declined 10.14% to Rs 8.86 crore in the quarter ended September 2016 as against Rs 9.86 crore during the previous quarter ended September 2015. Sales declined 18.20% to Rs 549.47 crore in the quarter ended September 2016 as against Rs 671.76 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales549.47671.76 -18 OPM %6.103.50 -PBDT24.2527.83 -13 PBT13.5623.95 -43 NP8.869.86 -10

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