APL Apollo Tubes Reports Robust Sales in Oct-Dec 2019 Quarter
[Ferro-Alloys.com] APL Apollo Tubes registered a strong sales volume of 480,225 tonne in Q3of 2019-20, higher by 52.6 percent YoY from 314,707 tonnes in Q3 of 2018-19 led by strong demand across product categories. APL Apollo Tubes said “The structural steel construction material for residential and commercial infrastructure reported 39 per cent growth to 254,856 tonnes from 183,886 tonnes while galvanised structural steel construction material infrastructure witnessed a growth of 31 per cent to 87,748 tonnes from 66,872 tonnes.
On the other hand, sales of galvanised products for industrial and agricultural uses moved up by 57 per cent to 29,631 tonnes in Q3 FY20 from 18,929 tonnes in Q3 FY19 while sales of construction material for industrial and agriculture uses rose by 35 per cent to 60,842 tonnes from 45,020 in the same period.”
Headquartered at Delhi NCR, the company operates 11 manufacturing facilities with a total capacity of 2.55 million tonne. It has a PAN-Indian presence with units strategically located in Sikandarabad, Hyderabad, Bangalore, Hosur, Raipur and Murbad.