India’s APL Apollo Limited (AAL), a producer of structural steel tubes, achieved a consolidated net profit of INR 3,100 million ($33.84 million) in the third quarter (October-December) of the fiscal year 2025-26, a rise of 42.86 percent over the corresponding quarter of the previous fiscal year, according to a company regulatory filing on Friday, January 23.
The company reported total revenues of INR 58,150 million ($634.87 million) during the quarter, a rise of seven percent year on year.
According to its statement, AAP achieved sales volumes of 916,979 mt during the third quarter, a growth of 11 percent year on year. During the first nine months (April-December) of the fiscal year 2025-26, total sales were reported at 2.57 million mt, an increase of 11 percent year on year.