In an interview with CNBC-TV18, Ashok Gupta, MD of APL Apollo Tubes, spoke about the results and his outlook for the company.
He said that domestic market volume saw growth at 4 percent. "We expect volume growth to recover to 10-11 percent in Q4," he said.
APL Apollo passed on the steel price increase to customers, said Gupta.
He further added that value added products are growing at a faster pace than normal volumes.
Gupta said that exports contribute 10 percent to total revenues.
For entire interview, watch accompanying video.
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