Commercial Services and Supplies company Apollo TriCoat Tubes announces Q3FY22 Results: 9MFY22 vs. 9MFY21: Sales Volume increased by 5% to 1,74,078 ton Net Revenue up by 89% to Rs. 19,016 million EBITDA up by 44% to Rs 1,624 million EBITDA per ton was Rs 9,327/ton (increase of 37% YoY) Interest cost declined by 47% to Rs 41 million Net Profit up by 54% to Rs 1,088 million Q3FY22 vs. Q3FY21 Sales Volume declined by 26% to 53,684 ton Net Revenue up by 43% to Rs 7,199 million EBITDA declined by 25% to Rs 429 million EBITDA per ton was Rs 7,999/ton (increase of 2% YoY) Interest cost declined by 48% to Rs13 million Net Profit declined by 27% to Rs 277 million Commenting on the Company’s performance for Q3FY22 cum 9MFY22, Mr. Rahul Gupta, Chairman, Apollo TriCoat said, “Apollo Tricoat Tubes Ltd created its dominant leadership in two product categories, Home Beautification and Door Solutions. These innovative products were successfully launched and well accepted in the markets. I am proud of the way Team Tricoat has executed a strong business continuity plan focused on Health, Cost and Cash. With our continuous focus on working capital and cost efficiencies, the company is emerging stronger quarter on quarter.” Result PDF