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APL Apollo Tubes standalone net profit declines 95.09% in the June 2020 quarter

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Capital Market

Sales decline 52.06% to Rs 761.77 crore

Net profit of APL Apollo Tubes declined 95.09% to Rs 1.01 crore in the quarter ended June 2020 as against Rs 20.59 crore during the previous quarter ended June 2019. Sales declined 52.06% to Rs 761.77 crore in the quarter ended June 2020 as against Rs 1589.10 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales761.771589.10 -52 OPM %3.634.16 -PBDT18.7149.06 -62 PBT2.6432.54 -92 NP1.0120.59 -95

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First Published: Aug 13 2020 | 3:34 PM IST

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