APL Apollo Tubes Posts Record Sales of 963,143 Tonnes in Second Quarter
Key Facts
APL Apollo Tubes posted record sales of 963,143 tonnes in the second quarter of fiscal 2027, up 12.6% from 855,037 tonnes in the same period a year earlier, according to data reported by CNBC-TV18 via TradingView. Volume rose 29% from the first quarter, surpassing the previous record of 924,881 tonnes set in the fourth quarter of fiscal 2026. The figures reflect strong sales expansion during the quarter, while the data does not attribute the growth to any specific demand or market factor. In the first half of fiscal 2027, sales volume reached 1,707,966 tonnes, up 4% year on year. That puts the second-quarter jump alongside slower growth for the half-year as a whole.
The increase in activity was reflected in quarterly revenue, with revenue from operations rising to 7,001.7 crore rupees from 5,531.3 crore rupees a year earlier, a gain of 26.6%, CNBC-TV18 reported. Revenue, however, fell short of the channel's poll estimate of 7,219 crore rupees. Net profit, by contrast, beat the poll estimate of 363 crore rupees, as did earnings before interest, taxes, depreciation and amortization, which exceeded the estimate of 536 crore rupees. The comparison shows that the reported figures performed differently against expectations: revenue came in below estimates, while both profit and EBITDA were above them. Revenue from operations in the first half was 12,608.41 crore rupees, compared with 10,685.65 crore rupees in the corresponding period of the previous fiscal year.
Net profit was 382.42 crore rupees in the second quarter, compared with 301.54 crore rupees in the year-earlier quarter and 263.11 crore rupees in the first quarter, according to the company's official financial results. Basic earnings per share rose to 13.62 rupees from 10.86 rupees in the year-earlier period. EBITDA increased 29.3% to 578 crore rupees from 447 crore rupees, while its margin widened to 8.2% from 8.1% a year earlier, CNBC-TV18 reported. The company attributed the margin improvement to a higher share of value-added products, without providing direct evidence of pricing efficiency or the impact of market volatility.
Company data show that first-half revenue growth outpaced sales-volume growth over the period: volume rose 4% to 1,707,966 tonnes, while revenue from operations was 12,608.41 crore rupees, compared with 10,685.65 crore rupees in the previous first half. For the quarter, revenue rose 26.6%, while EBITDA increased 29.3% and net profit reached 382.42 crore rupees from 301.54 crore rupees a year earlier. These indicators provide a picture of operating and profit performance during the period, with the explanation for improved margins tied to the product mix cited by the company. The company did not attribute the figures to sustained sector demand growth or pricing strength. APL Apollo Tubes shares traded more than 2% higher on Monday, October 26, after the results announcement, according to CNBC-TV18.
In a separate disclosure among its results-day announcements, the company said it expects to complete the acquisition of SG Enterprise Solutions by December 31, 2026. The target company will provide shared enterprise support services to the group, according to the board meeting disclosure. APL Apollo also said demand could improve in the coming quarters on the back of higher infrastructure spending. That remains a company forecast, alongside its explanation that improved margins reflected a higher share of value-added products. The disclosure sets December 31, 2026, as the expected completion date for the acquisition.