Apollo Pipes Ltd posts net profit of Rs. 14.05 crore in Q2 FY2021-22

The Board of Directors of Apollo Pipes Limited, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 208.2888 crore, against ₹125.2376 crore in the corresponding quarter of the previous year (YoY) and ₹139.0362 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹14.0543 crore, against ₹9.5047 crore in the corresponding quarter of the previous year (YoY) and ₹8.7509 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹10.71, against ₹7.25 in the corresponding quarter of the previous year (YoY) and ₹6.67 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 208.2888 crs	₹139.0362 crs	49.81%	₹125.2376 crs	66.31%
Net Profit	₹14.0543 crs	₹8.7509 crs	60.60%	₹9.5047 crs	47.87 %
EPS	₹10.71	₹6.67	60.57%	₹7.25	47.72%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹347.3250 crore, against ₹219.8816 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹22.8053 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹11.5054 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹17.38 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹8.77 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹347.3250 crs	₹219.8816 crs	57.96%
Net Profit	₹22.8053 crs	₹11.5054 crs	98.21%
EPS	₹17.38	₹8.77	98.18%

Shares of Apollo Pipes Limited was last trading in BSE at Rs. 1860.90 as compared to the previous close of Rs. 1864.90. The total number of shares traded during the day was 19621 in over 2669 trades.

The stock hit an intraday high of Rs. 1975.00 and intraday low of 1825.50. The net turnover during the day was Rs. 37540449.00.

Source : Equity Bulls

Keywords

ApolloPipes Q2FY22 H1FY22 ResultUpdate