Iron & Steel Products company APL Apollo Tubes announced Q1FY26 results Sales volume increased by 10% YoY to 794,350 Ton. Revenue increased by 4% YoY to Rs 51.7 billion. EBITDA increased by 23% YoY to Rs 3.7billion. EBITDA per ton at Rs 4,683/Ton. Net Profit increased by 23% YoY to Rs 2.4 billion. Sanjay Gupta, Chairman, APL Apollo, said: "The company reported 10% YoY growth in sales volume which was below our own expectations. The demand conditions for the structural steel tube industry were tough due to challenging macroeconomic environment, geopolitical tension, USA tariff uncertainty and slowdown in government spending. Early onset of monsoon season across India impacted construction industry. We expect demand conditions to improve in second half of the current financial year on the back of an improved government budget allocation for the infrastructure sector. We are ready with our capacity, product range, distribution network and brand pull. Henceforth we expect H2FY26 to perform much better than H1FY26. The company's commitment to delivering exceptional quality, coupled with its unwavering dedication to customer satisfaction, has propelled it to the forefront of the industry. We continue to remain prudent with our working capital management, which remains best in the construction material sector”. Result PDF
