APL Apollo Q4 Results 2025: Profit +72%, ₹1,500cr capex

Strong March-quarter print from a key steel tubes player

APL Apollo Tubes Ltd, a metal and infrastructure-linked company, reported a strong set of numbers for the quarter ended March 31, 2025. The update highlighted higher profitability, improved operating margins, and steady demand indicators through volumes. Alongside the quarterly performance, the board cleared a large capacity expansion capex plan and also announced a final dividend for shareholders.

The stock reaction and trading levels were mixed across snapshots shared in the provided data. In one trading update, the stock was down 3.03% at ₹1,907 in the previous session, while another report said the stock closed 2.41% higher at ₹1,653.40 after the results. The data set also includes a “current price” of ₹1,937 and a 52-week high-low range of ₹2,301 to ₹1,367.

Q4FY25 profit growth led by operating leverage

For Q4FY25, one result summary reported consolidated net profit of ₹293 crore, up 72% year-on-year from ₹170.4 crore in Q4FY24. The improvement was attributed to higher sales and better operating efficiencies. Profit before tax (PBT) for the quarter was reported at ₹358.73 crore, up 62.16% from ₹221.22 crore in the year-ago quarter.

Another performance snapshot in the provided text cites consolidated net profit of ₹354.4 crore for the March quarter, up 20.9% year-on-year from ₹293.1 crore. Since both sets of figures appear in the supplied material, they are presented here as separate reported summaries.

Revenue up, margin improves in reported Q4 update

Revenue from operations in Q4FY25 was reported at ₹5,509 crore, up 15.61% year-on-year from ₹4,765 crore. EBITDA in the same update rose to ₹413.5 crore, up 47.5% year-on-year from ₹280.3 crore. The EBITDA margin improved to 7.5% from 5.9% a year earlier, reflecting better operating performance.

Separately, another revenue snapshot in the text places quarterly revenue at ₹6,269.2 crore, up 13.8% year-on-year from ₹5,508.6 crore, with EBITDA at ₹511 crore and margin at 8.2% (up from 7.5%). These numbers are also included as part of the overall dataset provided.

Sales volumes: record quarterly number cited

APL Apollo also reported its highest-ever quarterly sales volume of 850,447 tons for Q4FY25, marking 25% year-on-year growth and a 3% sequential rise, as per a separate update included in the text. Another line item states that sales volume rose 9% year-on-year and 1% quarter-on-quarter during the quarter. Taken together, the data points indicate that volumes were a key support for the quarter, even though growth rates differ across the included summaries.

Dividend announcements: FY25 final and FY26 recommendation

The board announced a final dividend of ₹5.75 per equity share for FY25, with the record date yet to be announced in the referenced update. Another snapshot in the text shows an ex-dividend date of Aug 22, 2025 and dividend of 5.75 (0.35%).

Additionally, a separate note in the provided material says the board recommended a final dividend of ₹8.50 per share (face value ₹2) for FY26, subject to shareholder approval, to be credited or dispatched within 30 days of approval. The record date for this FY26 recommendation was stated to be shared later.

Board clears ₹1,500 crore capex to expand capacity

A key corporate decision highlighted in the March-quarter coverage was a capex approval of ₹1,500 crore. The investment is intended to expand manufacturing capacity from 4.5 million tonnes to 6.8 million tonnes. The capex decision was positioned as a strategic move to bolster production capacity.

Stock performance and market snapshot from provided data

The supplied dataset includes multiple market snapshots. One note says the share closed at ₹1,907 after falling 3.03% in the previous session. It also states the stock is up 6.17% over six months and has delivered about 20% over one year. Another report says the stock ended 3% higher at ₹1,662.85 on BSE after the Q4 profit update, and also references a close of ₹1,653.40 (+2.41%).

A separate market snapshot lists: market cap ₹53,782 crore, current price ₹1,937, and 52-week high-low of ₹2,301 and ₹1,367.

Key numbers at a glance

Trading metrics and ratios cited in the dataset

What the quarterly trend table indicates

The supplied operating profit table shows quarterly operating profit values such as 273 (Dec 2022), 323 (Mar 2023), 280 (Mar 2024), and 472 (Dec 2025), along with operating profit margin (OPM) values ranging from 3% (Sep 2024) to 9% (Sep 2025). The same dataset also lists profit before tax values such as 221 (Mar 2024) and 404 (Dec 2025), plus EPS figures like 6.14 (Mar 2024) and 11.17 (Dec 2025).

While the table provides a time series view, it also shows that margins and profitability can vary materially across quarters. That variation matters for investors tracking how spreads, steel price movements, and operating leverage translate into quarterly earnings.

Positives and watchpoints mentioned

The “Pros” section in the provided material states that the company has reduced debt and maintained a healthy dividend payout of 21.2%. It also cites a median sales growth of 19.0% over the last 10 years. These points, combined with the announced capex plan, are central to how the market frames the company’s scale-up strategy.

At the same time, the dataset reflects differing snapshots of reported quarterly performance metrics across sources, reinforcing the need for investors to reconcile numbers with the company’s official filings when comparing periods.

Conclusion

APL Apollo’s March-quarter coverage in the provided data points to a strong operational quarter with higher profit, improved margins, and volume momentum. The board’s ₹1,500 crore capex approval for expanding capacity from 4.5 million tonnes to 6.8 million tonnes stands out as the main strategic decision alongside dividend announcements. The company has also indicated that record dates for dividend eligibility will be communicated later, subject to approvals where applicable.