APL Apollo Tubes registers strong sales volume in Q1 FY19

APL Apollo Tubes registers strong sales volume in Q1 FY19

by admin- Monday, July 1st, 2019 04:56:51 PM

APL Apollo Tubes announced its income volume overall performance for the sector finishing June 30, 2019.

The Company registered a strong sales extent of 388,511 MTPA in Q1 FY20, higher by way of 29% Y-o-Y from 302,054 MTPA in Q1 FY19. The boom became led by way of robust call for inside the Hollow Sections segment, DFT pipes and Pre-Galvanized Tubes (GP) among others.

The Company is witnessing healthful demand in volumes across product classes and remains confident of delivering a sales volume increase CAGR of 20% in FY20 & FY21.

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