Apollo Pipes standalone net profit rises 168.82% in the March 2021 quarter

Sales rise 85.06% to Rs 174.20 crore

Net profit of Apollo Pipes rose 168.82% to Rs 16.64 crore in the quarter ended March 2021 as against Rs 6.19 crore during the previous quarter ended March 2020. Sales rose 85.06% to Rs 174.20 crore in the quarter ended March 2021 as against Rs 94.13 crore during the previous quarter ended March 2020.

For the full year,net profit rose 55.87% to Rs 44.47 crore in the year ended March 2021 as against Rs 28.53 crore during the previous year ended March 2020. Sales rose 26.99% to Rs 518.07 crore in the year ended March 2021 as against Rs 407.96 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales174.2094.13 85 518.07407.96 27 OPM %15.5311.14 -14.3311.36 - PBDT28.6311.17 156 78.2950.42 55 PBT22.827.46 206 60.6737.72 61 NP16.646.19 169 44.4728.53 56

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