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APL Apollo Tubes reports Rs 203 crore profit in Q2

It had clocked a net profit of Rs 150.19 crore in the July-September period of 2022-23, the company said in a regulatory filing.

October 30, 2023 / 21:02 IST
APL Apollo Tubes reports Rs 203 crore profit in Q2

Steel products maker APL Apollo Tubes has posted around 35 per cent growth in consolidated net profit at Rs 202.87 crore for September quarter 2023-24, helped by higher income. It had clocked a net profit of Rs 150.19 crore in the July-September period of 2022-23, the company said in a regulatory filing.

Total income rose to Rs 4,650.01 crore from Rs 3,980.81 crore a year ago. Expenses were at Rs 4,373.35 crore as against Rs 3,778.55 crore.

Headquartered in Delhi-NCR, APL Apollo operates 11 manufacturing facilities at various locations in India with a total capacity of 3.6 million tonne.

PTI
first published: Oct 30, 2023 09:01 pm

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