Apar Industries Q2 results: profit after tax rises 77.8% to Rs 447 crore

Apar Industries said in a filing with the National Stock Exchange on 29 October 2026 that its consolidated revenue from operations for the quarter ended 30 September 2026 (Q2 FY27) rose 21.3% to Rs 6,931 crore from a year earlier. The company said its profit after tax rose 77.8% to Rs 447 crore.

What Happened

The company's consolidated revenue from operations was Rs 6,931.19 crore in the quarter. That is 21.3% higher than the Rs 5,715.42 crore of the same quarter last year (YoY) and 5.2% higher than the Rs 6,591.06 crore of the previous quarter, April to June 2026 (QoQ).

Consolidated profit before tax was Rs 596.83 crore, up 75.3% YoY from Rs 340.53 crore and down 4.1% QoQ from Rs 622.60 crore. In its press release, enclosed with the filing, the company said profit after tax rose 77.8% to Rs 447 crore, and that its profit after tax margin was 6.5%, up 210 basis points from the same quarter last year. It also said EBITDA, after adjusting for open-period forex, rose 57.8% to Rs 787 crore, with a margin of 11.4%.

By segment, the filing shows revenue before inter-segment adjustments of Rs 3,753.46 crore in conductors, Rs 1,816.06 crore in transformer and speciality oils, and Rs 1,874.64 crore in power and telecom cables. The company said domestic revenue rose 34.3% YoY, while export revenue fell 3.3% YoY. Exports made up 27.6% of revenue, against 34.7% a year earlier.

For the six months to 30 September 2026 (H1 FY27), consolidated revenue from operations was Rs 13,522.25 crore, up 25.0% from Rs 10,819.58 crore. The company said profit after tax for the half-year rose 77.7% to Rs 915 crore. The results are unaudited and were reviewed by the company's statutory auditors.

The filing also records that the board approved the allotment of 2,720 equity shares against the exercise of employee stock appreciation rights.

What It Means

These are the figures the company disclosed to the exchange; they are its own reported results. The company, which makes conductors, transformer oils and cables, said in its release that this was its highest-ever half-yearly revenue and profit.

The filing shows growth in the quarter coming mostly from the domestic market, with exports lower than a year earlier. The company's release also says its United States revenue fell 29.7% YoY in the quarter. Shareholders can read the full results and the auditors' review report in the company's filing on the National Stock Exchange website. Complaints about listed companies can be made at https://scores.sebi.gov.in.

Source: Company filing on NSE