Apl Apollo Tubes Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
June 30, 2020 at 10:15 am EDT
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APL Apollo Tubes Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 18,968.3 million compared to INR 20,969.6 million a year ago. Net income was INR 568.2 million compared to INR 617 million a year ago. Basic earnings per share was INR 22.85 compared to INR 26 a year ago. Diluted earnings per share was INR 22.65 compared to INR 25.7 a year ago. For the full year, total revenue was INR 77,454.1 million compared to INR 71,640.3 million a year ago. Net income was INR 2,379.7 million compared to INR 1,482.5 million a year ago. Basic earnings per share was INR 97.17 compared to INR 62.47 a year ago. Diluted earnings per share was INR 96.32 compared to INR 61.76 a year ago.
APL Apollo Tubes Limited is a producer of structural steel tubes in India. The Company is engaged in the business of production of electric resistance welded (ERW) steel tubes. Its multi-product offerings include over 1,100 varieties of pre- galvanized tubes, structural steel tubes, galvanized tubes, MS black pipes and hollow sections. The Company offers its products under various brands, which include Apollo Fabritech, Apollo Build, Apollo DFT, Apollo Column, Apollo Coastguard, Apollo Bheem, Apollo Green, Apollo Z+, Apollo Standard, Apollo Agri, Apollo Elliptical, Apollo Oval, Apollo D Section, Apollo Narrow, and Apollo Chaukhat, among others. Its products are used in various applications, which include agricultural and plumbing, firefighting, furniture, metros, railings, solar panels, balcony grills, sheds, greenhouse structures, plumbing and lighting poles, among others. The Company has manufacturing units in Uttar Pradesh, Tamilnadu, Chhattisgarh, Maharashtra, and Telangana.
APL APOLLO TUBES LIMITED 
