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Apollo Pipes standalone net profit rises 121.18% in the March 2018 quarter

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Capital Market

Sales rise 17.44% to Rs 74.40 crore

Net profit of Apollo Pipes rose 121.18% to Rs 12.01 crore in the quarter ended March 2018 as against Rs 5.43 crore during the previous quarter ended March 2017. Sales rose 17.44% to Rs 74.40 crore in the quarter ended March 2018 as against Rs 63.35 crore during the previous quarter ended March 2017.

For the full year,net profit rose 40.60% to Rs 22.06 crore in the year ended March 2018 as against Rs 15.69 crore during the previous year ended March 2017. Sales rose 17.99% to Rs 284.48 crore in the year ended March 2018 as against Rs 241.10 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales74.4063.35 17 284.48241.10 18 OPM %16.2114.96 -11.5612.68 - PBDT17.599.75 80 38.1828.73 33 PBT14.898.29 80 31.2624.05 30 NP12.015.43 121 22.0615.69 41

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First Published: May 25 2018 | 10:05 AM IST

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