APL Apollo sales see impressive growth

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APOLLO

APL Apollo Tubes Limited registered a sales volume of 4,35,348 tonnes in Q4FY21 compared to 4,00,616 tonnes in Q4FY20.

According to a press release, in FY21 the company registered sales volume of 16,40,353 tonnes compared to 16,33,310 tonnes in FY20 despite COVID-19 disruption.

This, said the release,  highlights APL Apollo’s strength in maintaining its dominant leadership in structural steel tubes market and increasing its market share to 50 per cent from 40 per cent since March 2020.

APL Apollo is looking to strengthen its pan-India presence on the back of the growing popularity of its state-of-the-art product range, said the release further. It is constantly moving up the ladder with its strong pan-India network of fabricators and dealers, added the release.