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Apollo Tricoat Tubes registers sales volumes of 27,529 MTPA in Q2FY20

01 Oct 2019 Evaluate

Apollo Tricoat Tubes has registered healthy sales volumes of 27,529 MTPA in Q2 FY20. The growth was led by company’s innovative home improvement products. On a Q-o-Q basis, the volumes improved by 167% from 10,286 MTPA in Q1 FY20. As operations at the newly commissioned facility at Dadri, Uttar Pradesh and at Malur, Karnataka further stabilize, the company anticipates strong volume performance on a Q-o-Q basis.

Apollo Tricoat Tubes (Formerly known as Best Steel Logistics) started the business of marketing and distribution of steel products like TMT bars, rolled products, billets, ingots and steel pipe and tubes successfully.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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