Apollo Pipes standalone net profit declines 6.25% in the March 2022 quarter

Sales rise 42.05% to Rs 247.45 crore

Net profit of Apollo Pipes declined 6.25% to Rs 15.60 crore in the quarter ended March 2022 as against Rs 16.64 crore during the previous quarter ended March 2021. Sales rose 42.05% to Rs 247.45 crore in the quarter ended March 2022 as against Rs 174.20 crore during the previous quarter ended March 2021.

For the full year,net profit rose 11.90% to Rs 49.76 crore in the year ended March 2022 as against Rs 44.47 crore during the previous year ended March 2021. Sales rose 51.35% to Rs 784.08 crore in the year ended March 2022 as against Rs 518.07 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales247.45174.20 42 784.08518.07 51 OPM %11.4715.53 -11.9114.33 - PBDT27.7028.63 -3 92.8978.29 19 PBT20.5522.82 -10 67.1960.67 11 NP15.6016.64 -6 49.7644.47 12

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