Apollo Pipes Limited — Updates, 25-10-2024: Press Release

Apollo Pipes Limited reported Q2FY25 results, showing a 24% QoQ decline in sales volume to 20,152 tons and a 19% QoQ drop in revenue to ₹250.4 crore. EBITDA fell 33% QoQ to ₹19.4 crore, and PAT decreased by 67% QoQ to ₹4.2 crore. Despite challenges, the firm anticipates improved demand in agriculture and plans to expand capacity from 216,000 tons to 286,000 tons in two years.