Apollo Pipes Ltd Q1 FY2023 net profit falls QoQ to Rs. 8.82 crores

Apollo Pipes Limited has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 219.7127 crores during the period ended June 30, 2022 as compared to Rs. 248.5241 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 8.8262 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 15.5995 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.24 for the period ended June 30, 2022 as compared to Rs. 3.97 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 219.7127 crs	₹248.5241 crs	-11.59%
Net Profit	₹8.8262 crs	₹15.5995 crs	-43.42%
EPS	₹2.24	₹3.97	-43.58%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 219.7127 crores during the period ended June 30, 2022 as compared to Rs.139.0362 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.8.8262 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.8.7509 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.24 for the period ended June 30, 2022 as compared to Rs.2.22 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 219.7127 crs	₹139.0362 crs	58.03%
Net Profit	₹8.8262 crs	₹8.7509 crs	0.86%
EPS	₹2.24	₹2.22	0.90%

Shares of Apollo Pipes Limited was last trading in BSE at Rs. 477.80 as compared to the previous close of Rs. 483.85. The total number of shares traded during the day was 1057 in over 253 trades.

The stock hit an intraday high of Rs. 487.15 and intraday low of 477.00. The net turnover during the day was Rs. 506822.00.

Source : Equity Bulls

Keywords

ApolloPipes Q1FY23 ResultUpdate