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Apollo Tricoat Tubes standalone net profit declines 26.81% in the December 2021 quarter

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Capital Market

Sales rise 43.00% to Rs 719.91 crore

Net profit of Apollo Tricoat Tubes declined 26.81% to Rs 27.73 crore in the quarter ended December 2021 as against Rs 37.89 crore during the previous quarter ended December 2020. Sales rose 43.00% to Rs 719.91 crore in the quarter ended December 2021 as against Rs 503.44 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales719.91503.44 43 OPM %5.9611.35 -PBDT42.1854.99 -23 PBT37.2650.68 -26 NP27.7337.89 -27

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First Published: Jan 25 2022 | 8:05 AM IST

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