Apollo Pipes Ltd reports PAT of Rs 16 63 crore in Q4FY21 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Apollo Pipes reported 145% jump in net profit to Rs 16.33 crore in Q3 FY21 as against Rs 6.66 crore in Q3 FY20.
Sales volume rose 7% to 11,445 tons in Q3 December 2020 as against Rs 10,712 tons in Q3 December 2019. Revenue from operations during the quarter increased by 28% year-on-year (YoY) to Rs 128.1 crore.
EBITDA surged 138% to Rs 25.5 crore in the third quarter from Rs 10.7 crore in the same period last year. EBITDA margin was at 20% in Q3 December 2020 as against 11% in Q3 December 2019.
Profit before tax in Q3 FY21 stood at Rs 22.29 crore, up by 163% from Rs 8.47 crore in Q3 FY20. Tax outgo was in Q3 December 2020 was Rs 6 crore as against Rs 1.8 crore in Q3 December 2019.
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.