Q3FY17 Results: APL Apollo tubes Ltd.

Bhagyashree Vivarekar / 30 Jan 2017

Q3FY17 Results: APL Apollo tubes Ltd.

APL Apollo Ltd. reported its results for the quarter ended December 31, 2016 on Saturday January 28 2017.

The total sales for Q3FY17 came in at Rs 1146.12 crore, which represents a 19.95 per cent sequential increase and 21.13 per cent YoY increase.



APL Apollo Ltd. reported its results for the quarter ended December 31, 2016 on Saturday January 28 2017.

The total sales for Q3FY17 came in at Rs 1146.12 crore, which represents a 19.95 per cent sequential increase and 21.13 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 66.75 crore and the EBIT margin stood at 5.82 per cent.

The company reported PAT of Rs 29.56 crore, which represents a sequential QoQ decline of 12.18 per cent and a YoY decline of 5.07 per cent.

The company's stock, which opened for trading at Rs 1035 on the BSE, is currently trading around Rs 1041.25, up by 1.41 per cent for the day.



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