Indian company APL Apollo Limited (AAPL), a manufacturer of structural steel pipes, achieved a consolidated net profit of INR 3 billion (US$34.14 million) in the second quarter (July-September) of fiscal year 2025-26, which is 460 percent more than in the corresponding quarter of the previous fiscal year. The company said in a statement on Thursday, October 30.
The company reported that the profit growth was due to a strong recovery in demand and higher sales volumes in all product segments.
The company's total revenue amounted to 52 billion Indian rupees (589.37 million US dollars), an increase of 9 percent.
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