Apollo Pipes Q3 FY26: revenue falls, standalone swings to loss
APOLLOPIPE · price
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Apollo Pipes reported weak Q3 FY26 results. Standalone revenue fell to Rs 194.8 crore from Rs 244.6 crore YoY, a drop of around 20 percent. Standalone profit after tax turned negative at a loss of Rs 1.24 crore versus a profit of Rs 5.97 crore a year ago. For nine months, standalone profit dropped 58 percent to Rs 8.95 crore on revenue of Rs 608.9 crore. Consolidated nine month revenue declined to Rs 766.9 crore from Rs 866.9 crore, with profit at Rs 4.79 crore against Rs 22.33 crore. Board also updated that the Mirzapur plant is expected to start by end of FY26.
Sharp revenue decline and a swing to standalone loss signal demand or margin pressure. Watch Mirzapur plant commissioning for future capacity boost.