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Apollo Pipes Ltd Q4FY24; 57% fall in Profits

Apollo Pipes is engaged in manufacturing and trading of cPVC, uPVC, and HDPE pipes, PVC taps, fittings, water storage tank and solvent etc. It is among the top 10 leading piping solution providing Company in India. The products cater to an array of industrial applications such as Agriculture, Water Management, Construction,Infrastructure,and Telecom ducting segments.

Financial Results:

Apollo Pipes Ltd reported Revenues for Q4FY24 of ₹245.79 Crores down from ₹251.94 Crore year on year, a fall of 2.44%.

Total Expenses for Q4FY24 of ₹230.70 Crores down from ₹232.52 Crores year on year, a fall of 0.78%.

Consolidated Net Profit of ₹6.52 Crores down 56.62% from ₹15.03 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.66, down 56.54% from ₹3.82 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: pipes
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