Apollo Steel Pipes has released its financial results for FY20. The company has achieved record growth in terms of sales volume; 1.6 mn t (up, 22% y-o-y), EBITDA; INR 5 billion (up, 23% y-o-y), and net profit; INR 2.4 billion (up, 61% y-o-y). However, during Q4 FY20, the financial performance of the company has declined.
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