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Apollo Pipes standalone net profit declines 79.65% in the June 2020 quarter

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Capital Market

Sales decline 21.17% to Rs 92.51 crore

Net profit of Apollo Pipes declined 79.65% to Rs 2.00 crore in the quarter ended June 2020 as against Rs 9.83 crore during the previous quarter ended June 2019. Sales declined 21.17% to Rs 92.51 crore in the quarter ended June 2020 as against Rs 117.35 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales92.51117.35 -21 OPM %6.6912.95 -PBDT6.2216.37 -62 PBT2.8713.82 -79 NP2.009.83 -80

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First Published: Aug 04 2020 | 3:16 PM IST

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