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APOLLO PIPES LIMITED Capital/Financing Update 2021
60327_rns_2021-07-01_5bfafaf5-83ce-439e-b182-f0156766e485.pdf
Capital/Financing Update
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July OI, 2021
The National Stock Exchange of India Limited Exchange Plaza", 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex,Bandra (East), Mumbai - 400 051
NSE Symbol: APOLLOPIPE
Department of Corporate Services/Listing BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001
SCRIP Code: 531761
Dear Sir/Madam,
Re: Stock Exchange Release
Please find enclosed herewith copy of Stock Exchange Release being made by the Company today, titled "Sales Volume Performance for QI FY22".
Request you to please take the aforesaid information on your record.
Thanking you.
Yours faithfully,
For Apollo Pipes Limite ?\PEs t' oo<..... ? -.J ?, ??? -i?? Company Secretar?Y
Encl: a/a
APOLLO PIPES LIMITED
Regd. Office: 37, Hargobind Enclave, Vikas Marg, Delhi-110092, India Corporate Office: A-140, Sector 136, Noida (U.P.) - 201301 Manufacturing Unit: Dadri (U.P.), Sikandrabad (U.P.), Ahmedabad (Gujarat), Tumkur (Karnataka), India Toll Free No.: 1800-121-3737 [email protected] I www.apollopipes.com I CIN: L65999DL1985PLC022723
APOLLO PIPES LIMITED
Corp office: A- 140, Sector 136. Noida, Uttar Pradesh - 201301
Sales Volume Performance for Q1FY22
Sales Volume of 10,402 ton in Q1FY22, (80% of Q4FY21volume)
July 1, 2021
Apollo Pipes Limited, India's leading branded piping solution providing Company, today announced its sales volume performance for the quarter ending June 30, 2021. The Company registered a sales volume of 10,402 Ton in Q1FY22.
The Q1FY22 sales volume of 10,402 Ton equals 80% of Q4FY21 sales volume, due to the second wave of COVID-19 which had hit the country in April-June 2021. The Q4FY21 was the record quarter for the company with sales volume of 12,987 Ton. The company focused on increasing sale of its value added products in the challenging environment of Q1FY22. The sale of Building Material Products increased 50% YoY in Q1FY22.
The Company anticipates improvement in sales performance for the rest of FY22 driven by easing of lockdown restrictions and pick-up in construction activity.
| (in Ton) | Q1FY22 | Q4FY21 | Q1FY21 |
|---|---|---|---|
| Sales Volume | 10,402 | 12,987 | 10,633 |
About the Company
Apollo Pipes (BSE: 531761; NSE: APOLLOPIPE), is among the top 10 leading piping solution providing Company in India. Headquartered in Noida, the Company enjoys strong brand equity in the domestic markets. With more than 3 decades of experience in the Indian Pipe Market, Apollo Pipes holds a strong reputation for high quality products and an extensive distribution network.
Equipped with state-of-the-art infrastructure, the Company operates large manufacturing facilities at Dadri and Sikandrabad – UP, Ahmedabad – Gujarat and Tumkur – Karnataka, with a total capacity of 1,18,000 MTPA. The multiple and efficient product profile includes over 1,500 product varieties of cPVC, uPVC, and HDPE pipes, taps, fittings, solvents and Water Storage Tanks of the highest quality. The products cater to an array of industrial applications such as Agriculture, Water Management, Construction, Infrastructure, and Telecom ducting segments. The Company's extensive distribution network spreads across 600+ channel partners.
For more information about us, please visit www.apollopipes.com or contact:
Ajay Kr. Jain Apollo Pipes Ltd Tel: +91 120 297 3411 Email: [email protected]
DISCLAIMER:
Certain statements in this document that are not historical facts are forward looking statements. Such forward- looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forwardlooking statements. Apollo Pipes Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
