Apollo Pipes reports Q3 loss, analysts adjust forecasts
after close1 source ↓written by the desknot a recommendation
- at ₹2.5 billion
- 19%
- projecting revenues
- ₹13.5 billion by 2027
- over the past
- 26% improvement
Apollo Pipes Limited reported a statutory loss of ₹1.08 per share for Q3, missing analyst revenue estimates by 19% at ₹2.5 billion. Following this disappointing performance, analysts have revised their forecasts, projecting revenues of ₹13.5 billion by 2027, reflecting a 26% improvement over the past year. This adjustment indicates a cautious outlook for the company moving forward.
Not investment advice. For informational purposes only.