Financial Performance Highlights: Q2FY22 vs. Q2FY21: Sales Volume declined 11% to 427k tons Revenue up by 40% to Rs. 30.8 bn EBITDA up by 31% to Rs 2.2 bn EBITDA per ton was Rs 5,199 (+48% YoY) Interest Cost declined by 33% to Rs. 107 mn Net Profit* up by 43% to Rs 1.3 bn H1FY22 vs. H1FY21: Sales Volume improved 11% to 801k tons Revenue up by 70% to Rs. 56.2 bn EBITDA up by 99% to Rs. 4.8bn EBITDA per ton was Rs. 5,957 (+78% YoY) Interest Cost declined by 37% to Rs. 235 mn Net Profit up by 156% to Rs. 2.8 bn Net Working Capital Cycle at 10 days Commenting on the Company’s performance for Q2FY22, Mr. Sanjay Gupta, Chairman, APL Apollo, said, "APL Apollo Tubes Ltd is the dominant leader in Indian structural steel tube industry. I feel proud of the way Team APL Apollo again executed a strong business continuity plan focused on Health, Cost and Cash and demonstrated all round performance. With our continuous focus on working capital and cost efficiencies, we performed better on all fronts: 1) EBITDA increased 31% and Net profit increased 43%, 2) Net working capital cycle sustained at 10days. Post pandemic, the economy has remained resilient from late July which gives good visibility for the rest of FY22, which is likely to reflect in upcoming quarters." Result PDF