APL Apollo Tubes standalone net profit rises 182.04% in the June 2017 quarter

Capital Market 

Sales rise 20.28% to Rs 668.07 crore

Net profit of APL Apollo Tubes rose 182.04% to Rs 18.22 crore in the quarter ended June 2017 as against Rs 6.46 crore during the previous quarter ended June 2016. Sales rose 20.28% to Rs 668.07 crore in the quarter ended June 2017 as against Rs 555.42 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales668.07555.42 20 OPM %6.494.89 -PBDT34.8115.03 132 PBT27.5910.09 173 NP18.226.46 182

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First Published: Mon, September 11 2017. 16:42 IST