Apollo Tricoat Tubes standalone net profit rises 6447.06% in the March 2020 quarter

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Sales rise 4908.53% to Rs 228.89 crore
Net profit of Apollo Tricoat Tubes rose 6447.06% to Rs 11.13 crore in the quarter ended March 2020 as against Rs 0.17 crore during the previous quarter ended March 2019. Sales rose 4908.53% to Rs 228.89 crore in the quarter ended March 2020 as against Rs 4.57 crore during the previous quarter ended March 2019.For the full year,net profit rose 1494.72% to Rs 42.26 crore in the year ended March 2020 as against Rs 2.65 crore during the previous year ended March 2019. Sales rose 9150.35% to Rs 663.25 crore in the year ended March 2020 as against Rs 7.17 crore during the previous year ended March 2019.
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First Published: Apr 30 2020 | 1:53 PM IST