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APOLLO PIPES LIMITED Earnings Release 2021
60327_rns_2020-10-01_617410f1-dbb8-47f1-a7ac-60b4cdeab770.pdf
Earnings Release
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October 01, 2020
The National Stock Exchange of India Limited Exchange Plaza", 5thFloor, 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
Re: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release
Dear Sir/Madam,
In reference to the captioned, please find enclosed herewith copy of Press Release being made by the Company today titled "Apollo Pipe's Sales Performance Q2 FY21."
You are requested to kindly take the same on records.
Thanking you.
Yours faithfully,
Encl: a/a
APOLLO PIPES LIMITED
Regd. Office: 37, Hargobind Enclave, Vikas Marg, Delhi-110092, India Corporate Office: A-140, Sector-136, Noida-201301 (U.P.),India Manufacturing Unit : Dadri (U.P.),Ahmedabad (Gujarat), Bengalore (Karnataka), India Tel: 0120-29734 l l I Toll Free No. : l 800-121-3737 I Email: [email protected] Website : www.apollopipes.com I CIN : L65999DL l 985PLC022723
Apollo Pipes Limited
Corp office: A- 140, Sector 136. Noida, Uttar Pradesh- 201301
Apollo Pipes' Sales Performance
Sales Volume of 12,268MT in Q2FY21
+19% of Q2FY20 Sales Volume
October 1, 2020
Apollo Pipes Limited, among the top 10 leading piping solution providing Company in India, today announced its sales performance for the quarter ended September 30, 2020. The Company reported a healthy growth of 12,268 MT in Q2FY21, an increase of 19% as compared to 10,306MT in Q2FY20. This growth was driven by contribution from across product categories including value-added product segment of fittings.
The Company anticipates further improvement in sales performance over the next few quarters on the back of better demand environment combined with an uptick in utilization levels.
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 84,000 MTPA. The multiple and efficient product profile includes over 1,000 product varieties of cPVC, uPVC, and HDPE pipes, PVC 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 450 dealers / retailers and over 150 distributors.
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 forwardlooking 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 forward-looking 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.
