The company’s sales volume increased by 4% YoY to 679 thousand tons during the period under review.
On the expenditure side, raw material costs added up to Rs 4132.6 crore, employee costs aggregated to Rs 70 crore and other expenses added up to Rs 282.7 crore in the fourth quarter.
While EBITDA fell by 13% to Rs 280.4 crore, EBITDA per ton declined by 17% to Rs 4,132 in Q4 FY24 over Q4 FY23.
For FY24, APL Apollo has reported net profit and total income of Rs 732.4 crore (up 14% YoY) and Rs 18,118.8 crore (up 12% YoY), respectively.
Sanjay Gupta, Chairman, APL Apollo, said: “The Q4FY24 performance was slightly weak as demand got impacted ahead of general elections and ongoing slowdown in retail spending.
The company had to offer extra discounts to its clients to push...
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