Author: Hitanshi
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India: APL Apollo Tubes Q1 FY27 revenue rises despite volume decline
Revenue and EBITDA rise despite lower sales volumes. Value-added products and structural tubes support profitability outlook. APL Apollo Tubes reported a mixed operating performance in Q1 FY27, with revenue and EBITDA increasing y-o-y despite a decline in sales volumes. The lower volumes remained a key constraint during the quarter, indicating softer underlying demand. However, improved…