Apollo Pipes Limited has informed the Exchange regarding approval of Unaudited Standalone & Consolidated Financial Results for the Quarter ended 30th June, 2025
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Apollo Pipes Limited's Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, with a clean limited review report from statutory auditors VAPS & Co. Consolidated revenue from operations fell ~10.8% YoY to ₹27,500 lakh (vs ₹30,850 lakh in Q1 FY25), while net profit dropped ~41% to ₹816 lakh (vs ₹1,388 lakh). Standalone revenue declined ~8.4% to ₹22,001 lakh and standalone net profit fell ~25% to ₹811 lakh. EBITDA margins compressed to roughly 8.6% from ~9.7% YoY, driven by higher depreciation and finance costs relative to a softer top line. No exceptional items were reported. The Board also approved the re-appointment of Mr. Arun Agarwal as Joint Managing Director for 3 years from April 1, 2026, and appointed AKGVG & Associates as the new statutory auditor for a 5-year term from the 39th AGM, replacing the outgoing VAPS & Co.
Weak quarterly print — both revenue and profits declined sharply YoY with no exceptional cushion, suggesting demand pressure or pricing weakness in the pipes segment; the planned statutory auditor rotation and JMD re-appointment are routine governance items and unlikely to move the stock on their own.