India: APL Apollo sales up 102% q-o-q in Q2 FY’21

APL Apollo Tubes Ltd achieved 481,115 t sales volume in Q2 FY’21, registering a huge increase of 102% q-o-q as against 238,000 t during Q1 FY’21. The company’s sales increased 32% on year basis against 364,000 t over Q2 FY’20. APL Apollo is the leading producer of pipes and tubes in India. The company operates 10 manufacturing facilities with a total capacity of 2.6 mn t.