APL Apollo Tubes reports 32% rise in Q3 consolidated net profit
2nd Feb 2023

APL Apollo Tubes has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a rise of 29.23% in its net profit at Rs 133.18 crore for the quarter under review as compared to Rs 103.06 crore for the same quarter in the previous year. Total income of the company increased 29.95% at Rs 3770.80 crore for Q3FY23 as compared to Rs 2901.82 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 32.30% in its net profit at Rs 169.18 crore for the quarter under review as compared to Rs 127.88 crore for the same quarter in the previous year. Total income of the company increased 33.91% at Rs 4336.40 crore for Q3FY23 as compared to Rs 3238.29 crore for the corresponding quarter previous year.