APL Apollo Tubes reported robust sales volume growth of 41%/42% y-o-y/q-o-q to 602 kt (highest ever quarterly volume); while VAP mix declined to 54% (versus 61% in Q1FY23) but would improve with ...
Robust Q2 was led by superior order execution and a 555 bps y-o-y rise in margins that drove 66% y-o-y increase in consolidated PAT to Rs. 164 crore (43% above estimate). Sharp rise in OPM was led by ...
Murugappa Group led Tube Investments of India Limited has agreed to invest ₹700 crore in fraud-hit CG Power and Industrial Solutions Limited for 56% stake, according to a regulatory filing. Also, Tube ...