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APL Apollo Tubes consolidated net profit rises 49.85% in the March 2017 quarter

Capital Market 

Sales rise 11.47% to Rs 1315.87 crore

Net profit of APL Apollo Tubes rose 49.85% to Rs 41.24 crore in the quarter ended March 2017 as against Rs 27.52 crore during the previous quarter ended March 2016. Sales rose 11.47% to Rs 1315.87 crore in the quarter ended March 2017 as against Rs 1180.52 crore during the previous quarter ended March 2016.

For the full year,net profit rose 45.06% to Rs 145.89 crore in the year ended March 2017 as against Rs 100.57 crore during the previous year ended March 2016. Sales rose 7.87% to Rs 4545.00 crore in the year ended March 2017 as against Rs 4213.59 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1315.871180.52 11 4545.004213.59 8 OPM %5.677.24 -7.146.68 - PBDT59.8971.57 -16 259.83222.42 17 PBT46.7060.53 -23 208.63188.32 11 NP41.2427.52 50 145.89100.57 45

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 20 2017. 17:39 IST
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