Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

India’s leading APL Apollo Tubes’ sales volume rose by 57pc to 373,124mt in Q1 FY 2022 (April 1, 2021-March 31, 2022) compared to the prior-year quarter. 


From the preceding quarter, however, sales fell by 14pc. This decline in the sales volume can be attributed to the second wave of COVID-19 which disrupted domestic sales in the month of April and May.


Apollo’s structural sales volume rose by 34pc to 182,552mt and those for Apollo Z were up by 103pc to 114,560mt.Sales by Tricoat and Standard divisions surged by 86pc to 59,346mt and 16pc to 16,666mt, respectively. 


The sale of value-added products contributed 67pc in the first quarter of FY22 as compared to 57pc in FY21.


APL Apollo Tubes operates across 10 manufacturing facilities with a total capacity of 2.5mn mt. It has  units located in Sikandrabad, Dujana, Bangalore, Hosur, Raipur, Hyderabad and Murbad.

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