Apollo Pipes Limited announced its un-audited financial results for the quarter and nine months ended December 31, 2025. For the third quarter of FY26, consolidated revenue decreased by 20% year-on-year to ₹2.5 billion (₹250 crore), and the company reported a loss of ₹33 million (₹3.3 crore) compared to a profit of ₹62 million (₹6.2 crore) in Q3FY25. EBITDA for the quarter declined by 48% YoY to ₹120 million (₹12 crore). On a nine-month basis for FY26, consolidated revenue saw a 13% YoY decrease to ₹7.6 billion (₹757.9 crore). EBITDA fell by 32% YoY to ₹485 million (₹48.5 crore), and Profit After Tax (PAT) decreased by 72% YoY to ₹65 million (₹6.5 crore). Sales volume for the nine months decreased by 2% YoY to 72,385 metric tons. Mr. Sameer Gupta, Chairman cum Managing Director, attributed the challenging quarter to factors like a construction ban in Delhi-NCR, a subdued macroeconomic environment, global trade uncertainty, and a slowdown in government infrastructure spending. He expressed confidence in a significantly better performance in Q4FY26, citing PVC price recovery and improving demand conditions. The company plans to expand its annual capacity to 286,000 tons in the next two years from the current 226,500 tons, funded by internal cash flow.
