Apollo Pipes Ltd reports net profit of Rs. 13.92 crores in Q1 FY2024

Apollo Pipes Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 261.5117 crores during the period ended June 30, 2023 as compared to Rs. 252.6535 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 13.9248 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 15.0276 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.48 for the period ended June 30, 2023 as compared to Rs. 3.82 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 261.5117 crs	₹252.6535 crs	3.51%
Net Profit	₹13.9248 crs	₹15.0276 crs	-7.34%
EPS	₹3.48	₹3.82	-8.90%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 261.5117 crores during the period ended June 30, 2023 as compared to Rs.219.7127 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.13.9248 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.8262 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.48 for the period ended June 30, 2023 as compared to Rs.2.24 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 261.5117 crs	₹219.7127 crs	19.02%
Net Profit	₹13.9248 crs	₹8.8262 crs	57.77%
EPS	₹3.48	₹2.24	55.36%

Shares of Apollo Pipes Limited was last trading in BSE at Rs. 757.10 as compared to the previous close of Rs. 760.30. The total number of shares traded during the day was 4183 in over 216 trades.

The stock hit an intraday high of Rs. 771.55 and intraday low of 751.85. The net turnover during the day was Rs. 3195011.00.

Source : Equity Bulls

Keywords

ApolloPipes Q1FY24 ResultUpdate