APL Apollo Tubes standalone net profit rises 508.14% in the March 2016 quarter

Sales rise 65.60% to Rs 842.45 crore

Net profit of APL Apollo Tubes rose 508.14% to Rs 13.44 crore in the quarter ended March 2016 as against Rs 2.21 crore during the previous quarter ended March 2015. Sales rose 65.60% to Rs 842.45 crore in the quarter ended March 2016 as against Rs 508.73 crore during the previous quarter ended March 2015.

For the full year,net profit declined 2.03% to Rs 30.82 crore in the year ended March 2016 as against Rs 31.46 crore during the previous year ended March 2015. Sales rose 43.03% to Rs 2986.67 crore in the year ended March 2016 as against Rs 2088.09 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales842.45508.73 66 2986.672088.09 43 OPM %5.334.48 -3.784.52 - PBDT36.667.37 397 85.7556.25 52 PBT30.145.80 420 67.0844.24 52 NP13.442.21 508 30.8231.46 -2

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