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APL Apollo Tubes registers 20% rise in sales volume for Q2FY20

01 Oct 2019 Evaluate

APL Apollo Tubes has registered a strong sales volume of 3,63,994 MTPA in Q2FY20, higher by 20% Y-o-Y from 3,04,058 MTPA in Q2FY19. The growth was led by strong demand in Apollo Structural and Apollo Z. Q2FY20 was Apollo Tricoat’s first quarter of full operations. The volumes from Apollo Tricoat stood strong at 27,529 MTPA, which further assisted overall volume growth during the quarter.

APL Apollo Tubes is a leading manufacturer and exporter of Steel Pipes & Tubes, Aluminised Steel Tubes, Black Steel Tubes, Hot Dipped & Pre Galvanised Steel Tubes, Fence Tubes and Structural Steel.

Peers
Company Name CMP
Tata Steel 185.95
JSW Steel 1308.00
Steel Authority 184.00
Jindal Stainless 762.35
APL Apollo Tubes 2198.00
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