APL Apollo Tubes consolidated net profit rises 109.82% in the March 2021 quarter

Sales rise 38.51% to Rs 2505.14 crore

Net profit of APL Apollo Tubes rose 109.82% to Rs 119.22 crore in the quarter ended March 2021 as against Rs 56.82 crore during the previous quarter ended March 2020. Sales rose 38.51% to Rs 2505.14 crore in the quarter ended March 2021 as against Rs 1808.65 crore during the previous quarter ended March 2020.

For the full year,net profit rose 51.35% to Rs 360.16 crore in the year ended March 2021 as against Rs 237.97 crore during the previous year ended March 2020. Sales rose 10.62% to Rs 8214.88 crore in the year ended March 2021 as against Rs 7426.52 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2505.141808.65 39 8214.887426.52 11 OPM %8.246.63 -8.266.43 - PBDT204.74104.10 97 648.56392.25 65 PBT177.2078.61 125 545.79296.34 84 NP119.2256.82 110 360.16237.97 51

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