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19 April, 2024 11:21 IST
APL Apollo Tubes quarterly net falls 13.64%
Source: IRIS | 30 May, 2014, 04.16PM
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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