APL Apollo Tubes has registered a sales volume of 422,788 Ton in Q1FY23 compared to 373,124 Ton in Q1FY22, a growth of 13.31%. APL Apollo’s largest ever ‘New Raipur’ plant is commissioning on the expected lines. APL Apollo expects significant contribution from this plant to start from Q3FY23 onwards.
The value added products contributed 61% in Q1FY23. APL Apollo expects this sales mix to improve further in coming quarters with the ramp-up of new Raipur plant. The sales mix would eventually move towards 75% for value added products.
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.
