Apollo Tricoat Tubes Ltd posts net profit of Rs. 47.69 crores in Q1FY22 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.
The worst performer among the 10 stocks has delivered 26 per cent return year to date, which is more than double of Sensexs 9.47 per cent gain during this period.
Apollo Tricoat Tubes Ltd Q4FY21 PAT drops QoQ to Rs. 34.34 crore 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.
The branded structural steel tube company on Thursday registered an 8.67% rise in sales volume to 435,348 ton in Q4 FY21 compared with 400,616 ton in Q4FY20.The company registered sales volume of growth of 0.43% to 16,40,353 ton in FY21 from 16,33,310 ton recorded in FY20, despite Covid-19 disruptions. This highlights APL Apollo s strength in maintaining its dominant leadership in structural steel tubes market and increasing its market share to 50% from 40% since March 2020, the company said in a press release.
On a sequential basis, total sales declined 10.34% last quarter from 485,579 ton reported in Q3FY21.
Shares of APL Apollo Tubes were trading 5.33% lower at Rs 1325.90 on BSE.