APL Apollo Tubes Limited — Updates, 24-07-2025: Press Release

APL Apollo reported strong Q1FY26 financial results: Revenue at ₹5,170 Cr (+4% YoY) and Net Profit at ₹240 Cr (+23% YoY), despite sales volume of 794k tons (+10% YoY) being below expectations due to challenging macro conditions and early monsoon. The company maintains a net cash position of ₹208.5 Cr. Capacity is set to expand from 4.5 to 6.8 Mn Tons by FY28 with a ₹1,500 Cr Capex, funded internally. Management anticipates demand improvement in H2FY26, driven by infrastructure spending. Focus on value-added products remains a key strategy, alongside ongoing ESG initiatives toward Net Zero by 2050.