Plastic Products company Apollo Pipes announced Q2FY26 results Sales volume increased 8% YoY to 21,685 Ton. Revenue decreased 6% YoY to Rs 2.4 billion. EBITDA decreased 19% YoY to Rs 158 million. PAT decreased 65% YoY to Rs 14 million Sameer Gupta, Chairman & Managing Director, Apollo Pipes (APL), said: “The company has sailed through a challenging quarter for the construction material industry, impacted by macroeconomic environment, geopolitical tension, global trade uncertainty and slowdown in government spending. Our Home Plumbing and Bath Fittings industry faced significant challenges due to weak PVC resin prices and weak retail demand. Extended monsoon has affected both of our businesses - home plumbing and agricultural piping. Despite these near-term challenges, the company expects good demand in H2FY26 backed by pickup in construction activities and improved government spending on infrastructure projects. The company has a robust pipeline of new products, and we are on track to expand our annual capacity to 286,000 Ton in the next 2 years from current 2,26,500 Ton. We remain committed to fund business expansion from internal cashflow generation without leveraging balance sheet.” Result PDF
