APL Apollo Tubes quarterly net falls 13.64%
Source: IRIS | 30 May, 2014, 04.16PM
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Rating: NAN / 5 stars. |
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APL Apollo Tubes disclosed a sharp drop in consolidated net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 13.64% to Rs 141.50 million from Rs 163.85 million in the same quarter last year. Net sales for the quarter rose 20.54% to Rs 6,736.35 million, compared with Rs 5,588 million for the prior year period.
Quarterly Results - Standalone (Rs in mn) | As at | Mar - 14 | Mar - 13 | %Change | Net Sales | 6,736.35 | 5,588.33 | 20.54 | Net Profit | 141.50 | 163.85 | (13.64) | Basic EPS | NA | NA | | Shares of the company declined Rs 3.15, or 1.2%, to settle at Rs 259.70. The total volume of shares traded was 22,564 at the BSE (Friday).
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