APL Apollo Q4 Results: Profit up 21%, EBITDA rises 24%; Dividend declared

APL Apollo Q4 Results: Profit up 21%, EBITDA rises 24%; Dividend declared


APL Apollo Tubes Ltd reported a strong performance for the March quarter, with double-digit growth across key financial metrics. The company’s consolidated net profit rose 20.9% year-on-year to ₹354.4 crore, compared with ₹293.1 crore in the same period last year.

The company’s revenue increased 13.8% YoY to ₹6,269.2 crore from ₹5,508.6 crore.

Operational performance remained robust, with EBITDA climbing 23.9% YoY to ₹511 crore versus ₹413 crore a year ago, according to the exchange filing.

EBITDA margins improved to 8.2% from 7.5% in the corresponding quarter, reflecting better operating efficiency.

Sales volume grew 9% year-on-year and was up 1% sequentially, indicating steady demand momentum during the quarter.

The board has recommended a final dividend of ₹8.50 per equity share of face value ₹2 for FY26, subject to shareholder approval. The company said the dividend will be credited or dispatched within 30 days of declaration, with record date details to be announced separately.

On the corporate front, the board has approved the liquidation of its non-operational subsidiary APL Apollo Mart. It has also cleared the divestment of its stake in Blue Ocean Projects as part of ongoing portfolio rationalisation.

Shares of APL Apollo Tubes Ltd ended lower on Thursday, April 2, by 3.03% at 1,907.00 on the NSE.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *