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Apollo Tricoat Tubes standalone net profit rises 110.27% in the December 2020 quarter

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Capital Market

Sales rise 119.85% to Rs 503.44 crore

Net profit of Apollo Tricoat Tubes rose 110.27% to Rs 37.89 crore in the quarter ended December 2020 as against Rs 18.02 crore during the previous quarter ended December 2019. Sales rose 119.85% to Rs 503.44 crore in the quarter ended December 2020 as against Rs 228.99 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales503.44228.99 120 OPM %11.3512.40 -PBDT54.9926.24 110 PBT50.6823.53 115 NP37.8918.02 110

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First Published: Jan 22 2021 | 8:08 AM IST

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