APL Apollo Tubes posts 3.82 billion rupee September-quarter net profit
APL Apollo Tubes reported 3.82 billion rupees consolidated net profit for July to September, with revenue of 70.02 billion. It will lift its SSC stake from 20% to 51%.
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what happened
APL Apollo Tubes Ltd reported consolidated net profit of 3.82 billion rupees for the September quarter, according to Reuters. Total revenue from operations for the same period reached 70.02 billion rupees.
The company also plans to buy an additional 31% stake in SG Enterprise Solutions. Once the deal closes, its equity holding in SSC will rise from 20% to 51%.
why it matters
The results matter for investors tracking India's steel tube and metal products sector, since the figures show how the producer is handling revenue and profit. The move to a controlling stake in SSC expands the company's business, but the full effect on the shares will only become clear after the transaction is completed.
market impact
APL Apollo shares: strong quarterly figures and a larger SSC stake keep investor attention on the company.
tags
instruments
sources
- APL Apollo Tubes Says Sept-Quarter Consol Net Profit 3.82 Billion Rupees — Reuters, 26 October 2026 at 06:55 UTC
- ITC Hotels Sept-Quarter Consol Net Profit 2.01 Billion Rupees — Reuters, 26 October 2026 at 08:03 UTC
- Eris Lifesciences Sept-Quarter Consol Net Profit 1.84 Billion Rupees — Reuters, 26 October 2026 at 08:21 UTC
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