APL Apollo Q4 profit rises 21% with dividend declaration
after close1 source ↓written by the desknot a recommendation
- increase in consolidated
- 20.9%
- for Q4 FY23
- ₹354.4 crore
- last year
- ₹293.1 crore
- YoY
- 13.8%
- YoY
- ₹6,269.2 crore
APL Apollo Tubes Ltd reported a 20.9% increase in consolidated net profit to ₹354.4 crore for Q4 FY23, up from ₹293.1 crore last year. Revenue grew 13.8% YoY to ₹6,269.2 crore. The board declared a final dividend of ₹8.50 per equity share, reflecting strong operational performance and improved EBITDA margin at 8.2%. 📈
• EBITDA rose 23.9% YoY to ₹511 crore
• Sales volume increased 9% YoY
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