ALPHA TRIBE

Apollo Pipes LimitedBoard Meeting, 07-08-2025: Outcome of Board Meeting

07-08-2025 | 02:51 pm

Apollo Pipes announced its consolidated financial results for the quarter. Revenue from operations was Rs 275.00 Cr, while Net Profit stood at Rs 8.16 Cr, showing a notable decline from previous periods. The board also approved acquiring an additional 1% stake in subsidiary Kisan Mouldings Ltd (KML) for Rs 4.95 Cr, increasing holding to 58.6%. Furthermore, Mr. Arun Agarwal was re-appointed as Joint Managing Director for three years. New statutory, secretarial, cost, and internal auditors were appointed, ensuring robust governance frameworks.

No comments yet. Be the first to comment!

All announcements from Apollo Pipes Limited