APL Apollo Tubes posts Rs 203 cr profit

New Delhi: Steel products maker APL Apollo Tubes has posted around 35 per cent growth in consolidated net profit at Rs 202.87 crore for September quarter 2023-24, helped by higher income. It had clocked a net profit of Rs 150.19 crore in the July-September period of 2022-23, the company said in a regulatory filing. Total income rose to Rs 4,650.01 crore from Rs 3,980.81 crore a year ago. Expenses were at Rs 4,373.35 crore as against Rs 3,778.55 crore. Headquartered in Delhi-NCR, APL Apollo operates 11 manufacturing facilities at various locations in India with a total capacity of 3.6 million tonne.