APL Apollo Tubes Limited has informed the Exchange regarding Change in Director(s) of the company.
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APL Apollo Tubes' board approved its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results, with consolidated revenue rising to Rs 5,324.35 crore from Rs 4,974.30 crore a year ago, and consolidated net profit climbing to Rs 237.17 crore (vs Rs 193.17 crore). Standalone revenue stood at Rs 3,659.28 crore with a net profit of Rs 116.05 crore, translating to EPS of Rs 8.55 (consolidated) and Rs 4.18 (standalone). The board also appointed Chakram Kumar Singh as Director & Chief Operating Officer (Whole Time Director) for 5 years, and added Dukhabandhu Rath and Rakesh Sharma as Independent Directors for 3-year terms each. Additionally, the company terminated its old 2015 ESOP scheme and introduced a new APL Apollo Tubes Employees Stock Option Plan 2025, covering up to 50 lakh equity options to be granted via the trust route.
Strong year-on-year growth in both revenue (~7%) and net profit (~23% on a consolidated basis) signals healthy operating momentum. Internal elevation of the long-serving COO to the board and addition of two senior banking veterans as independent directors should bolster governance, while the new ESOP pool of 50 lakh shares could create mild future dilution but is positive for employee retention.