Latest news with #ApolloPipes
Business Upturn
13 hours ago
- Business
- Business Upturn
Apollo Pipes begins commercial production of uPVC Doors & Windows at Dadri facility
Apollo Pipes Limited (APL), one of India's top six piping solution providers, has officially commenced commercial production of its 'uPVC Doors & Windows' at its manufacturing facility in Dadri, Uttar Pradesh. This launch marks APL's strategic entry into the premium home improvement space, expanding its product portfolio and reinforcing its commitment to quality-driven innovation. The new line adds over 250 SKUs and offers a total capacity of 4,000 tonnes per annum. With a focus on the northern Indian market, APL aims to capture demand in the high-value uPVC segment. Backed by strong infrastructure and technical expertise, the company plans to deliver efficient, durable, and cost-effective solutions. Sameer Gupta, Chairman cum Managing Director, Apollo Pipes (APL), stated, 'This strategic investment reflects our commitment in diversifying our product portfolio and strengthening our presence in high-value segments like the window and door market, which offers higher EBITDA margins. As a result, this expansion is expected to be value accretive. With this move, APL will become one of the few manufacturers in India with capability to produce specialized windows and doors, positioning itself amongst an elite group of technologically advanced players. The new production line will allow us to introduce over 250+ SKUs, greatly enhancing our ability to serve complex and customized infrastructure needs. Supported by our well-established distribution network and strong execution capabilities, we are confident in our ability to rapidly scale up this segment.' This move positions Apollo Pipes to compete in a niche but growing category with fewer players, helping it strengthen its brand presence across the home improvement segment. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Mint
12-05-2025
- Business
- Mint
Dr Reddy's, Navin Fluorine to Birla Corporation: These seven stocks declare dividends
Dividend Stocks: Dr Reddy's, Navin Fluorine, Birla Corporation, Triveni Turbines, Shakti Pumps (India) Limited, Electrosteel Castings, and Apollo Pipes are among seven key stocks that declared dividends for investors over the weekend or post-market hours on Friday. Dr. Reddy's Laboratories: The Board of Dr Reddy's on May 9, 2025, recommended a final dividend of ₹ 8/- per equity share of ₹ 1/- each for the financial year 2024-25. Navin Fluorine: The company board on May 9 declared a final dividend of ₹ 7/- per equity share (350% taking into consideration face value) for FY 2024-2025. The dividend, as per Navin Fluorine, is to be approved by the Members of the Company at the forthcoming 27th Annual General Meeting, which is scheduled to be held on July 31, 2025. The record date decided by Navin Fluorine stands as Friday, July 4, 2025 Final Dividend, if declared, shall be paid on or after Friday, August 8, 2025. Birla Corporation: Birla Corp also recommended a dividend of ₹ 10 per share (i.e. 100% taking into consideration the face value) on 7,70,05,347 ordinary shares for the Financial Year 2024-25. As per Birla Corp, the dividend shall be paid within 30 days from the date of approval by the shareholders at the ensuing Annual General Meeting of the company. Triveni Turbine Limited: The Board of Triveni Turbines recommended a final dividend @200%, taking into account the face value of the share, i.e. ₹ 2/- per fully paid-up equity share of the face value of ₹ 1 each for the financial year 2024-25. The dividend is subject to approval of the shareholders at the ensuing Annual General Meeting ('AGM') to be held on Monday, September 8, 2025. The dividend, if approved at the AGM, shall be paid to the shareholders, subject to deduction of tax at source, within thirty days from the date of declaration, as per Triveni Turbine. Shakti Pumps (India) Limited: Shakti Pumps recommended the final dividend of ₹ 1/- per equity share of face value of ₹ 10/- each, which amounts to 10% considering the face value of the share, for the financial year ended March 31, 2025. The dividend as per Shakti Pumps is subject to the approval of members in the ensuing Annual General Meeting (AGM) of the company. Electrosteel Castings: Electrosteel Castings recommended a final dividend of ₹ 1.40 (amounting to 140% on face value) per equity share of face value of ₹ 1 each for the financial year ended March 31, 2025. Apollo Pipes Limited: Apollo Pipes announced a final dividend of ₹ 0.70/-per equity share of ₹ 10/- each (7% on considering the face value) for the financial year ended March 31, 2025. This shall be paid or dispatched as per Apollo Pipes to the shareholders within 30 days of declaration, and any further information in this regard, as per Apollo Pipes, including record date etc. shall be given to the stock exchanges in due course.
Business Standard
10-05-2025
- Business
- Business Standard
Apollo Pipes consolidated net profit rises 45.54% in the March 2025 quarter
Sales rise 23.15% to Rs 314.78 crore Net profit of Apollo Pipes rose 45.54% to Rs 9.78 crore in the quarter ended March 2025 as against Rs 6.72 crore during the previous quarter ended March 2024. Sales rose 23.15% to Rs 314.78 crore in the quarter ended March 2025 as against Rs 255.60 crore during the previous quarter ended March 2024. For the full year,net profit declined 23.43% to Rs 32.65 crore in the year ended March 2025 as against Rs 42.64 crore during the previous year ended March 2024. Sales rose 19.73% to Rs 1181.64 crore in the year ended March 2025 as against Rs 986.95 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 314.78255.60 23 1181.64986.95 20 OPM % 7.649.94 - 8.109.71 - PBDT 25.4724.27 5 89.9694.69 -5 PBT 13.2215.81 -16 45.4364.83 -30 NP 9.786.72 46 32.6542.64 -23
