APL Apollo Tubes Q2 net rises 94%

APL Apollo Tubes today reported a 94.41% jump in consolidated net profit for the second quarter of the current fiscal at Rs 16.37 crore on increased revenue.

The company, which manufactures infrastructure products, had clocked Rs 8.42 crore net profit in the July-September quarter of the last fiscal, it said in a BSE filing.

Total income of the company grew to Rs 455 crore from Rs 313 crore a year ago.