Conference Call with APL Apollo Tubes Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Iron & Steel Products company APL Apollo Tubes announced 9MFY25 & Q3FY25 results Q3FY25 Financial Highlights: Sales volume of 828,200 Ton (+37% YoY, +9% QoQ). EBITDA of Rs 3.5 billion (+24% YoY, +150% QoQ). EBITDA/ Ton of Rs 4,173 (-10% YoY, +129% QoQ). Net Profit of Rs 2.2 billion (+31% YoY, 303% QoQ). 9MFY25 Financial Highlights: Sales volume increased by 19% YoY to 2,307,531 Ton. Revenue increased by 14% YoY to Rs 151.8 billion. EBITDA declined by 14% YoY to Rs 7.9 billion. EBITDA per ton at Rs 3,403/Ton. Net Profit declined by 17% YoY to Rs 4.6 billion. Sanjay Gupta, Chairman, APL Apollo, said: “The company has reported its best-ever quarter, achieving record-high quarterly sales volume, EBITDA, and PAT. This strong performance came despite a challenging macroeconomic environment, weak retail demand and ongoing slowdown in government infrastructure spending. For 9MFY25, the company’s volume increased 19% YoY, which is far ahead of overall industry growth. We remain focused on innovation and delivering the best customer experience to further enhance our leadership position in the industry. We continue to remain prudent with our working capital management, which remains best in the construction material sector”. Result PDF
Conference Call with APL Apollo Tubes Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Iron & Steel Products company APL Apollo Tubes announced H1FY25 results Sales volume increased by 11% YoY to 14,79,331 Ton. Revenue increased by 6% YoY to Rs 97.5 billion. EBITDA declined by 30% YoY to Rs 4.4 billion. EBITDA per ton at Rs 2,972/Ton. Net Profit declined by 38% YoY to Rs 2.5 billion. Sanjay Gupta, Chairman, APL Apollo, said: “The company has announced its highest ever quarterly sales volume of 7,58,267 Ton in Q2FY25. This was despite weak demand conditions for the construction material sector due to the volatility in raw material prices, extended monsoon and ongoing slowdown in government infrastructure spending. However, our profitability was severely impacted by volatility in steel prices. In our view, the worst is behind us as the lower steel prices have given a massive opportunity to APL Apollo to take market share from low-grade sponge iron made steel pipes. We are ready with our 4.3 million ton annual capacity which shall expand to 5 million ton by end of FY26. Our focus remains on innovative products and providing the best customer experience to further enhance our leadership. We continue to remain prudent with our working capital management, which remains best in the construction material sector” Result PDF