APL Apollo Tubes Reports Strong Q4 Performance with 20.9% Profit Increase
APL Apollo Tubes posts PAT of Rs 354.35 crore in Q4
Business Standard
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APL Apollo Tubes, a structural steel tube manufacturer in India, reported a 20.9% rise in consolidated net profit to ₹354.35 crore for Q4 FY26, alongside a 14.1% increase in net sales to ₹6,075.98 crore. The company achieved record sales volume, demonstrating resilience amid global trade challenges.
- 01Consolidated net profit rose by 20.9% to ₹354.35 crore in Q4 FY26.
- 02Net sales increased by 14.1% to ₹6,075.98 crore during the same period.
- 03Sales volume grew by 11% year-on-year, reaching 3,491,243 tons.
- 04Profit before tax for Q4 FY26 was ₹456.61 crore, up 27.3% from the previous year.
- 05For FY26, net profit reached ₹1,203.08 crore, marking a 58.9% increase year-on-year.
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APL Apollo Tubes, a leading structural steel tube manufacturer in India, has reported a 20.9% increase in consolidated net profit to ₹354.35 crore for the fourth quarter of FY26, compared to the same period last year. The company also saw a 14.1% rise in net sales, amounting to ₹6,075.98 crore. This growth was accompanied by an 11% year-on-year increase in sales volume, totaling 3,491,243 tons. Profit before tax for the quarter reached ₹456.61 crore, reflecting a 27.3% increase from ₹358.73 crore in Q4 FY25. For the entire fiscal year, APL Apollo reported a net profit of ₹1,203.08 crore, an impressive 58.9% increase, although net sales declined by 11.9% to ₹22,383.62 crore. Sanjay Gupta, Chairman of APL Apollo, highlighted the company's record quarterly performance amidst geopolitical tensions and trade tariffs, emphasizing their commitment to innovation and customer satisfaction to maintain industry leadership. The company operates 11 manufacturing facilities with a total capacity of 5 million tons.
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The strong financial performance of APL Apollo Tubes indicates robust demand for structural steel products, which may benefit local suppliers and construction projects.
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