Apollo Pipes update on sales performance for Q3

Apollo Pipes announced its sales performance for the quarter ended 31 December 2020. The Company reported a sales volume of 11,445 ton in Q3FY21, an increase of 7% as compared to 10,712 ton in Q3FY20. This growth was driven by contribution from across product categories including value-added products.

The Company anticipates further improvement in sales performance over the next few quarters on the back of better demand environment combined with an uptick in utilization levels.

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