India, Nov. 29 -- This company is one of India's leading branded steel products manufacturers and runs 10 manufacturing facilities churning out over 1,500 varieties of MS Black Pipes, Galvanised Tubes, Pre-Galvanised Tubes, Sand structural ERW Steel Tubes is now in the spotlight after posting strong Q2 results, maintains FY26 guidance, launches SG premium for secondary markets, plans capacity expansion to 10 million tons by FY31.
Q2 financial results
Quarter-on-Quarter (QoQ) Performance:
APL Apollo Tubes reported a marginal increase in sales for Q2FY26, rising 0.7% to Rs. 5,206 crore from Rs. 5,170 crore in the previous quarter. EBITDA improved by 20.1%, reaching Rs. 447 crore compared to Rs. 372 crore in Q1FY26.
Net profit rose 27.4% ...
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