APL Apollo Tubes Shares Surge 4% on Record Q3 Performance, Strong Growth Outlook

• APL Apollo Tubes shares climbed 4% following exceptional Q3FY26 results, marking record sales volume, EBITDA, and profit.
• Net profit soared 43% year-on-year to ₹310 crore, while revenue increased 7.1% to ₹5,815 crore.
• Operating performance significantly improved, with EBITDA rising 36% to ₹472 crore and EBITDA margin expanding to 8%.
• Sales volume grew 11% year-on-year, contributing to a strengthened balance sheet with net cash reaching ₹560 crore.
• The company aims for a total capacity of 10 million tonnes by FY30, reiterating its long-term growth strategy.

Why It Matters: APL Apollo Tubes reported record Q3 results, driving a 4% share increase and highlighting strong financial health.