On January 21, 2025, APL Apollo Tubes shares zoomed over 3% and touched the day high of ₹1,642.75 at 09:30 AM after opening at ₹1,616.05. The gain in APL Apollo Tubes shares follows the release of financial results for the quarter ending December 31, 2024 (Q3 FY25).
Revenue from operations saw strong growth, jumping 30% YoY to ₹5,432 crore, compared to ₹4,177 crore in Q3FY24, reflecting robust business performance. The company reported a 30.7% year-on-year (YoY) increase in net profit, reaching ₹217 crore for the third quarter ending December 31, 2024. This is a significant improvement compared to ₹166 crore in the same quarter of the previous fiscal year.
At the operating level, EBITDA increased by 23%, reaching ₹346 crore in Q3FY25, up from ₹280 crore in the corresponding period of the previous fiscal. The company’s cash profit stood at ₹270 crore, marking a 26% YoY and 166% QoQ increase, demonstrating strong operational efficiency and profitability.
APL Apollo recorded a sales volume of 8,28,000 tons in Q3FY25, reflecting a 37% YoY increase and a 9% quarter-on-quarter growth.
Mr. Sanjay Gupta, Chairman, APL Apollo, comments on Q3FY25 result “The company has reported its best-ever quarter, achieving record-high quarterly sales volume, EBITDA, and PAT. This strong performance came despite a challenging macroeconomic environment, weak retail demand and ongoing slowdown in government infrastructure spending. For 9MFY25, the company’s volume increased 19% YoY, which is far ahead of overall industry growth. We remain focused on innovation and delivering the best customer experience to further enhance our leadership position in the industry. We continue to remain prudent with our working capital management, which remains best in the construction material sector”.
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Published on: Jan 21, 2025, 9:48 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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