Press Release1 Jul 2024, 08:23 pm
APL APOLLO TUBES LTD. Records Highest Ever Q1FY25 Sales Volume of 7,21,064 Ton
AI Summary
APL APOLLO TUBES LTD., the World's largest branded structural steel tube company, announced its sales volume performance for QIFY25. The company registered the highest ever sales volume of 7,21,064 Ton, marking a 9% YoY and 6% QoQ growth. The contribution from the value-added segment increased to 60% in QIFY25, and the ramp-up of the new Raipur plant is on expected lines. The Dubai plant began partial production in December 2023 and achieved a capacity utilization of 95% in QIFY25.
Key Highlights
- Highest ever sales volume of 7,21,064 Ton in QIFY25
- 9% YoY and 6% QoQ growth in sales volume
- Value-added segment contribution increased to 60% in QIFY25
- Ramp-up of new Raipur plant as per expectations
- Dubai plant began partial production in December 2023 with 95% capacity utilization in QIFY25