APL Apollo Tubes Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
04-11-2024 · 12:57 pm
APL Apollo Tubes Limited held a conference call to discuss Q2FY25 earnings, highlighting strong sales potential due to lower raw material costs and a narrowing product-price gap against competitors. The company targets 3.2 million tons for FY25, with plans to expand capacity to 5 million tons by FY26. Despite a steep decline in EBITDA due to inventory losses, management expects margins to normalize in upcoming quarters as demand rises and production increases. The firm also remains focused on market expansion and innovation in product offerings.
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