Apollo Tricoat Tubes standalone net profit declines 10.33% in the March 2022 quarter

Sales rise 77.50% to Rs 830.50 crore

Net profit of Apollo Tricoat Tubes declined 10.33% to Rs 30.80 crore in the quarter ended March 2022 as against Rs 34.35 crore during the previous quarter ended March 2021. Sales rose 77.50% to Rs 830.50 crore in the quarter ended March 2022 as against Rs 467.90 crore during the previous quarter ended March 2021.

For the full year,net profit rose 32.99% to Rs 139.65 crore in the year ended March 2022 as against Rs 105.01 crore during the previous year ended March 2021. Sales rose 85.50% to Rs 2732.11 crore in the year ended March 2022 as against Rs 1472.81 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales830.50467.90 77 2732.111472.81 86 OPM %5.5710.84 -7.6411.11 - PBDT46.3049.16 -6 206.09155.78 32 PBT41.1944.60 -8 187.01139.25 34 NP30.8034.35 -10 139.65105.01 33

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