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Reading: APL Apollo Tubes Achieves Record Sales Growth in Q3.
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APL Apollo Tubes reports record Q3 sales volume, up 37% year-on-year 
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > APL Apollo Tubes Achieves Record Sales Growth in Q3.
Economy

APL Apollo Tubes Achieves Record Sales Growth in Q3.

Economy Desk By Economy Desk January 1, 2025 2 Min Read
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APL Apollo Tubes Limited, the world’s largest branded structural steel tube manufacturer, has recently reported its highest-ever quarterly sales volume in Q3FY25. The company achieved a milestone by selling 828,200 tons of structural steel tubes, marking a remarkable 37% increase from the same quarter last year and a 9% rise from the previous quarter.

This impressive performance has also been reflected in the company’s stock price, with shares of APL Apollo Tubes Limited trading at ₹1,577.10, up by ₹8.85 or 0.56% on the NSE today at 1.30 pm.

The nine-month performance for FY25 has been equally impressive, with total sales reaching 2,307,531 tons, representing a significant 19% year-over-year growth. The growth in Q3 was mainly driven by strong performance across all product categories, with Apollo Structural General products leading at 360,326 tons, followed by Apollo Z Rust-proof at 165,635 tons.

APL Apollo Tubes Limited operates 11 manufacturing facilities across India and one in UAE, with a total production capacity of 4.3 million tons. The company offers a wide range of structural steel applications with over 2,500 varieties, catering to various sectors including urban infrastructure, real estate, and commercial construction.

With a distribution network of over 800 distributors spread across more than 300 towns and cities in India, APL Apollo Tubes Limited has established a strong presence in the market. The company’s strategic manufacturing facilities in key regions like Hyderabad, Sikandarabad, Bangalore, and UAE enable it to meet the growing demand for its products.

In conclusion, APL Apollo Tubes Limited’s record Q3 sales volume and continued growth trajectory reflect its strong market position and the increasing demand for its high-quality structural steel tubes. The company’s focus on innovation, product diversity, and strategic expansion has positioned it as a leader in the industry, poised for further success in the future.

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