Apollo Pipes Limited reported its financial results for the quarter ended June 30, 2025 (Q1 FY26), showing a significant decline in profitability. The company posted a net profit of ₹8.16 crore, down 41.2% from ₹13.88 crore in Q1 FY25.
Revenue from operations stood at ₹275 crore, a slight decline from ₹308.5 crore reported in the year-ago quarter. The overall income, including other income, stood at ₹278 crore compared to ₹309.5 crore in Q1 FY25.
Despite cost-saving measures, total expenses remained nearly flat at ₹269 crore. The cost of raw materials consumed during the quarter was ₹212.4 crore, while employee benefit expenses stood at ₹23.6 crore.
EBITDA and margin figures were not disclosed separately, but higher input costs and lower inventory gains contributed to the decline in profitability.
The tax expense for the quarter came in at ₹96.6 lakh, further impacting the bottom line.
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