The Board of Directors of APL Apollo Tubes Limited met on May 02, 2026, to approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company announced a significant final dividend of 425%, amounting to ₹ 8.50 per equity share for the financial year. Key strategic decisions included the initiation of voluntary liquidation for APL Apollo Mart Limited and in-principle approval for divesting shareholding in Blue Ocean Projects Private Limited to redeploy capital into core manufacturing. For the current quarter, consolidated revenue reached ₹ 6,269.16 Crores, reflecting a 4.79% increase from the previous quarter and a 13.81% rise compared to the same quarter last year. Net profit for the quarter stood at ₹ 354.35 Crores, marking a 14.29% growth sequentially and a 20.89% increase year-on-year.

APL Apollo Tubes Limited is India’s leading manufacturer of Electric Resistance Welded (ERW) steel tubes and pipes, operating with a vast distribution network and multiple production units across the country. The company serves diverse sectors, including infrastructure, construction, and automobiles, through its specialized brands like Birla Uttam. With a focus on structural steel applications, APL Apollo continues to optimize its asset portfolio and group structure to maintain its leadership position in the Indian industrial sector.