Apollo Pipes Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a challenging quarter with revenue decline and net losses. The plastic pipes and fittings manufacturer's Board of Directors approved the results at a meeting held on January 29, 2026.

Financial Performance Overview

The company's consolidated financial performance showed significant year-over-year decline in the third quarter. Revenue from operations decreased substantially, while the company moved from profitability to losses compared to the previous year.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company maintained profitability despite lower revenues. The consolidated results showed revenue decline but positive net profit, though significantly reduced from the previous year.

Standalone Results

The standalone financial results for Q3FY26 showed revenue of ₹19,482.29 lakhs compared to ₹24,463.53 lakhs in Q3FY25. The company reported a standalone net loss of ₹123.79 lakhs against a profit of ₹597.47 lakhs in the corresponding quarter of the previous year. For the nine-month period, standalone revenue was ₹60,892.13 lakhs versus ₹68,546.42 lakhs, with net profit of ₹894.91 lakhs compared to ₹2,132.95 lakhs.

Manufacturing Expansion Update

The Board of Directors reviewed the status of the new manufacturing plant at Mirzapur (near Varanasi), Uttar Pradesh. The plant is expected to be commissioned and commercial production is anticipated to commence towards the end of financial year 2025-26, subject to operational readiness. This expansion represents the company's continued investment in manufacturing capabilities.

Regulatory Compliance

The company recognized a provision of ₹127.51 lakhs in consolidated results and ₹61.68 lakhs in standalone results towards incremental liability for past periods following the Government of India's notification of four Labour Codes on November 21, 2025. The provision was made in accordance with Ind AS 19, and the company will re-evaluate the impact upon notification of corresponding rules and regulations.

Capital Structure

The company's paid-up equity share capital remained unchanged at ₹4,404.82 lakhs, comprising 440.48 lakh shares of ₹10 each. The results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on January 29, 2026.

Apollo Pipes Limited has officially announced its quarterly earnings conference call to discuss Q3FY26 financial results. The company filed the announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on January 22, 2026.

Conference Call Details

The earnings call has been scheduled with the following specifications:

Management Participation

The conference call will feature Apollo Pipes Limited's senior management team, providing investors and analysts direct access to key decision-makers:

• Mr. Sameer Gupta – Chairman & Managing Director
• Mr. Arun Agarwal – Joint Managing Director
• Mr. Ajay Kumar Jain – Chief Financial Officer
• Mr. Anubhav Gupta – Group Chief Strategy Officer

Access Information

Participants can join the conference call through multiple channels. The universal access numbers for domestic participants are +91 22 6280 1342 and +91 22 7115 8243. International participants have access to toll-free numbers across various countries:

Additional toll-free numbers are available for Argentina, Belgium, Canada, China, France, Hong Kong, Italy, Netherlands, Poland, South Korea, Sweden, and Thailand.

Contact Information

For conference call inquiries, participants can contact Antique Stock Broking Limited representatives:

• Mr. Manish Mahawar: +91 22 6911 3427, manish.mahawar@antiquelimited.com
• Mr. Roshan Nair: +91 22 6911 3474, roshan.nair@antiquelimited.com

The announcement was signed by Gourab Kumar Nayak, Company Secretary and Compliance Officer, and digitally submitted to both NSE and BSE exchanges. Apollo Pipes Limited operates manufacturing units across multiple locations including Dadri, Sikandrabad, Ahmedabad, Tumkur, and Raipur.