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APL Apollo Tubes Q4 PAT seen up 72.2% YoY to Rs 98 cr: Sharekhan

Net Sales are expected to increase by 26.7 percent Y-o-Y (down 8 percent Q-o-Q) to Rs 2,393 crore, according to Sharekhan.

April 14, 2021 / 05:13 PM IST
APL Apollo | Company allots commercial paper worth Rs 75 crore to ICICI Prudential Ultra Short Term Fund.

APL Apollo | Company allots commercial paper worth Rs 75 crore to ICICI Prudential Ultra Short Term Fund.

 
 
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Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Building Materials sector. The brokerage house expects APL Apollo Tubes to report net profit at Rs 98 crore up 72.2% year-on-year (down 25.9% quarter-on-quarter).


Net Sales are expected to increase by 26.7 percent Y-o-Y (down 8 percent Q-o-Q) to Rs 2,393 crore, according to Sharekhan.


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