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Apollo Pipes standalone net profit declines 57.22% in the December 2022 quarter

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Capital Market

Sales rise 24.01% to Rs 236.68 crore

Net profit of Apollo Pipes declined 57.22% to Rs 4.86 crore in the quarter ended December 2022 as against Rs 11.36 crore during the previous quarter ended December 2021. Sales rose 24.01% to Rs 236.68 crore in the quarter ended December 2022 as against Rs 190.85 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales236.68190.85 24 OPM %6.7911.33 -PBDT14.0322.04 -36 PBT6.6115.39 -57 NP4.8611.36 -57

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First Published: Jan 24 2023 | 3:47 PM IST

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