APL Apollo Tubes Ltd's Q3FY25 Quarterly Results

Result Summary

• APL Apollo Tubes Ltd reported a 13.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 30.1%.
• Its expenses for the quarter were up by 9.6% QoQ and 30.2% YoY.
• The net profit increased 303.2% QoQ and increased 31.1% YoY.
• The earnings per share (EPS) of APL Apollo Tubes Ltd stood at 7.8 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

## Company Overview
APL Apollo Tubes Ltd is a prominent player in the Indian market, primarily engaged in the manufacturing of steel pipes and tubes. These products cater to various sectors, including infrastructure, construction, and industrial applications, making APL Apollo a significant contributor to these industries. As of the latest update, the company has not disclosed any recent major developments publicly. However, its role in the steel industry aligns with broader economic activities and developments, especially given the importance of steel in infrastructure and construction projects. APL Apollo is recognized for its extensive product range and distribution network, which supports its market position.

## Revenue
In Q3FY25, APL Apollo Tubes Ltd achieved a total income of ₹5454.38 crores, marking a significant increase from ₹4788.69 crores in the previous quarter (Q2FY25) and ₹4192.78 crores in the same quarter of the previous year (Q3FY24). This represents a quarter-over-quarter growth of 13.9% and a year-over-year increase of 30.1%. The substantial growth in total income over both the quarterly and yearly periods highlights a robust upward trend in the company's revenue generation capabilities during this period.

## Profitability
The company's Profit Before Tax (PBT) for Q3FY25 was ₹280.10 crores, a significant rise from ₹69.59 crores in Q2FY25 and ₹218.99 crores in Q3FY24. This reflects a notable quarter-over-quarter increase of 302.5% and a year-over-year growth of 27.9%. The tax expense for the quarter stood at ₹63.13 crores, compared to ₹15.78 crores in the prior quarter and ₹53.48 crores in the same period last year, indicating a 300.1% QoQ increase and an 18.0% YoY rise. Consequently, the Profit After Tax (PAT) for Q3FY25 was ₹216.97 crores, a remarkable improvement from ₹53.81 crores in Q2FY25 and ₹165.51 crores in Q3FY24. The company's Earnings Per Share (EPS) also saw a significant increase to ₹7.80 in Q3FY25 from ₹1.90 in Q2FY25 and ₹6.00 in Q3FY24, marking a QoQ growth of 310.5% and a YoY growth of 30.0%.

## Operating Metrics
The total expenses for APL Apollo Tubes Ltd amounted to ₹5174.28 crores in Q3FY25, up from ₹4719.10 crores in Q2FY25 and ₹3973.79 crores in Q3FY24. This represents a quarter-over-quarter increase of 9.6% and a year-over-year rise of 30.2%. The increase in expenses is consistent with the rise in revenue, indicating that the company's operational expenditures have grown alongside its income. The financial performance in this quarter is characterized by a substantial increase in profitability ratios, driven by the significant rise in both income and profit metrics. Despite the increase in expenses, the company's profitability metrics such as PBT, PAT, and EPS showed marked improvements, reflecting positively on its operational efficiency during this period.