Financial Highlights
- Sales Volume increased by 0.4% to 61,048 ton
- Net Revenue up by 82% to Rs. 6,001mn
- EBITDA up by 34% to Rs. 499 mn
- EBITDA per ton was Rs. 8,172/ton (increase of 33% YoY)
- Interest cost declined by 44% to Rs.11mn
- Net Profit up by 40% to Rs. 334mn
- Sales Volume increased by 30% to 120,394 ton
- Net Revenue up by 136% to Rs. 11,817mn
- EBITDA up by 114% to Rs. 1,194 mn
- EBITDA per ton was Rs. 9,919/ton (increase of 65% YoY)
- Interest cost declined by 46% to Rs.28mn
- Net Profit up by 148% to Rs. 811mn
Commenting on the Company’s performance for Q2FY22 cum H1FY22, 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.”
