APL Apollo Tubes consolidated net profit declines 15.55% in the March 2024 quarter

Sales rise 6.43% to Rs 4567.68 crore

Net profit of APL Apollo Tubes declined 15.55% to Rs 170.44 crore in the quarter ended March 2024 as against Rs 201.82 crore during the previous quarter ended March 2023. Sales rose 6.43% to Rs 4567.68 crore in the quarter ended March 2024 as against Rs 4291.55 crore during the previous quarter ended March 2023.

For the full year,net profit rose 14.11% to Rs 732.44 crore in the year ended March 2024 as against Rs 641.86 crore during the previous year ended March 2023. Sales rose 11.69% to Rs 17506.89 crore in the year ended March 2024 as against Rs 15674.35 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales4567.684291.55 6 17506.8915674.35 12 OPM %6.147.52 -6.816.52 - PBDT267.81315.97 -15 1153.651001.64 15 PBT221.22269.16 -18 977.72863.31 13 NP170.44201.82 -16 732.44641.86 14

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