What is the story about?
APL Apollo Tubes Limited, the world’s largest branded structural steel tube company, reported its highest-ever quarterly sales volume in Q2FY26 at 855,037 tonnes, marking a 13% year-on-year increase from 758,267 tonnes in Q2FY25. On a sequential basis, sales were up 8% from 794,350 tonnes in Q1FY26.
For the first half of FY26, the company posted sales of 1,649,387 tonnes, a 11% rise over 1,479,331 tonnes recorded in H1FY25.
Within its product portfolio, Apollo General contributed 368,397 tonnes in Q2FY26, followed by Apollo Z (192,743 tonnes of rust-proof and 61,911 tonnes of coated products). Structural heavy and light segments delivered 77,491 tonnes and 128,787 tonnes, respectively, while Apollo Galv stood at 25,707 tonnes.
APL Apollo operates 11 manufacturing facilities with a combined annual capacity of 4.5 million tonnes, serving multiple sectors including urban infrastructure, real estate, rural housing, commercial construction, and engineering applications. Its distribution network spans over 800 distributors across more than 300 towns and cities in India.
The shares of the company are trading 2.4% in the green at 2:03 pm. The stock has gained close to 9% in the year so far.
Catch live market updates with CNBC-TV18.com's blog
For the first half of FY26, the company posted sales of 1,649,387 tonnes, a 11% rise over 1,479,331 tonnes recorded in H1FY25.
Within its product portfolio, Apollo General contributed 368,397 tonnes in Q2FY26, followed by Apollo Z (192,743 tonnes of rust-proof and 61,911 tonnes of coated products). Structural heavy and light segments delivered 77,491 tonnes and 128,787 tonnes, respectively, while Apollo Galv stood at 25,707 tonnes.
APL Apollo operates 11 manufacturing facilities with a combined annual capacity of 4.5 million tonnes, serving multiple sectors including urban infrastructure, real estate, rural housing, commercial construction, and engineering applications. Its distribution network spans over 800 distributors across more than 300 towns and cities in India.
The shares of the company are trading 2.4% in the green at 2:03 pm. The stock has gained close to 9% in the year so far.
Catch live market updates with CNBC-TV18.com's blog
Do you find this article useful?