APL APOLLO TUBES LTD

APL Apollo Tubes Limited reported its financial results for the quarter ending June 30, 2026, indicating a sales volume of 744,823 tons, which represented a 6% year-over-year decrease. The company achieved an EBITDA of ₹4.1 billion, reflecting an 11% increase compared to the previous year, with an EBITDA per ton of ₹5,522, marking an 18% year-over-year growth. Net profit also rose by 11% year-over-year to ₹2.6 billion. Management noted that demand for structural steel tubes was soft due to geopolitical and macroeconomic challenges, but expressed confidence in improved demand conditions supported by government infrastructure budget allocations. The company emphasized its readiness with capacity, product range, and distribution network to meet future demand. APL Apollo operates 11 manufacturing facilities with a total capacity of 5 million tons and offers over 5,000 product varieties.

Management reported mixed financial results amid challenging market conditions.