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APL Apollo Tubes consolidated net profit rises 23.43% in the December 2017 quarter

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Capital Market

Sales rise 39.40% to Rs 1275.76 crore

Net profit of APL Apollo Tubes rose 23.43% to Rs 35.93 crore in the quarter ended December 2017 as against Rs 29.11 crore during the previous quarter ended December 2016. Sales rose 39.40% to Rs 1275.76 crore in the quarter ended December 2017 as against Rs 915.20 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales1275.76915.20 39 OPM %6.938.14 -PBDT70.2858.30 21 PBT56.3847.37 19 NP35.9329.11 23

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First Published: Jan 25 2018 | 5:11 PM IST

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