Apollo Pipes Ltd Approves Q2 Unaudited Results; Consolidated Net Loss Reported at 1,111.49 Lakh
Apollo Pipes Ltd has approved its unaudited financial results for the quarter ended June 30, 2026, covering both consolidated and standalone operations. The Board of Directors reviewed and sanctioned these results on July 30, 2026.The company’s Consolidated Financial Results include data from Apollo Pipes Limited (the Parent) and its subsidiaries, Kisan Mouldings Limited and KML Tradelinks Private Limited. The Standalone results are based on the performance of Apollo Pipes Limited alone.
Quarterly Performance Snapshot
Key financial highlights for the quarter ended June 30, 2026, are as follows:| Metric | Consolidated (Rs. in Lakh) | Standalone (Rs. in Lakh) |
|---|---|---|
| Revenue from Operations | 29,543.49 | 24,432.43 |
| Total Income | 29,765.46 | 24,652.87 |
| Profit before Tax (after exceptional) | (1,263.66) | (591.98) |
| Net Profit for the Period | (1,111.49) | (439.81) |
Financial Details and Segment Disclosure
The consolidated results reviewed by the Board are detailed across multiple quarters, as presented in the supporting documents provided by M/s AKGVG & Associates, Chartered Accountants. The financial statement includes performance metrics spanning up to the year ended March 31, 2026.A summary of the Consolidated Financial Results for the quarter ended June 30, 2026:
| Particulars | Quarter Ended June 30, 2026 (Unaudited) |
|---|---|
| Revenue from operations | 29,543.49 Lakh |
| Total Income | 29,765.46 Lakh |
| Cost of Materials consumed | 23,053.86 Lakh |
| Profit before tax | (1,263.66) Lakh |
| Net Profit for the Period | (1,111.49) Lakh |
| Basic Earnings per share | (2.52) |
The company operates in a single segment: Manufacturing and Trading of Plastic Pipes, Fittings & Allied Products, and therefore, no separate segment disclosures have been presented as per Ind AS 108: Operating Segments.
Key Corporate Developments
During the meeting on June 26, 2026, the Board of Directors approved a Scheme of arrangement involving Apollo Pipes Limited, Kisan Moulding Limited (Subsidiary Company), and KML Tradelinks Private Limited (Step-down Subsidiary). The scheme is subject to various approvals from Stock Exchanges, National Company Law Tribunal, Shareholders, and Creditors.Additionally, the company's previous corporate actions noted in the results include:
- The allotment of Warrants totaling 20,00,000 at Rs. 550/- per warrant, amounting to Rs. 110.0 Crores.
- Of this amount, Rs. 27.50 Crores has been received as 25% application money.
The unaudited financial statements have also been reviewed by the Audit Committee and approved by the Board of Directors.
APOLLOPIPE Stock Price Movement
As of 3:12 PM, shares of Apollo Pipes Limited are edging higher to ₹500.35, gaining 0.02% in live trading. The stock has seen a volume of 346,471 as it maintains its upward trajectory.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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