Apollo Pipes Ltd reports net profit of Rs. 16.33 crores in Q3 FY2020-21
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Apollo Pipes Ltd has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.129.91 crores during the period ended December 31, 2020 as compared to Rs.125.23 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.16.33 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.9.50 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.12.46 for the period ended December 31, 2020 as compared to Rs.7.25 for the period ended September 30, 2020.
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Apollo Pipes posts sales volume of 11,445 ton in Q3FY21, +7% YoY
Posted On: 2021-01-01 01:36:15 (Time Zone: Arizona, USA)
Apollo Pipes Limited, among the top 10 leading piping solution providing Company in India, today announced its sales performance for the quarter ended December 31, 2020. The Company reported a sales volume of 11,445 ton in Q3FY21, an increase of 7% as compared to 10,712 ton in Q3FY20. This growth was driven by contribution from across product categories including value-added products.
The Company anticipates further improvement in sales performance over the next few quarters on the back of better demand environment combined with an uptick in utilization levels.