Apar Industries Q1 profit rises 78% on higher revenue

APAR Industries operates across segments such as conductors, speciality oils, lubricants and cables, catering to customers in India and overseas.

APAR Industries operates across segments such as conductors, speciality oils, lubricants and cables, catering to customers in India and overseas.

Mumbai: Apar Industries Ltd on Friday, 24 July 2026, reported a consolidated net profit of ₹469.60 crore for the first quarter ended 30 June 2026. This marks a significant increase compared to ₹262.59 crore in the same quarter last year.Financial PerformanceConsolidated revenue from operations for Q1 FY27 stood at ₹6,591.06 crore, up 13.92% from ₹5,704.16 crore recorded in Q1 FY26. Total income for the quarter reached ₹6,647.79 crore, an increase from ₹5,737.93 crore in the year-ago period.Apar Industries’ Q2 Profit Slips 4 Per Cent QoQ To ₹251.7 Crore Despite 12 Pc Revenue Jump Expenses and ProfitabilityTotal expenses for the quarter ended 30 June 2026 were ₹5,960.29 crore, compared to ₹5,413.46 crore in Q1 FY26. Earnings per share (EPS) for the quarter rose to ₹112.74, from ₹62.96 in the corresponding quarter of the previous fiscal year.Quarterly ComparisonOn a quarter-on-quarter basis, consolidated net profit declined from ₹640.95 crore in the preceding quarter (Q4 FY26). Revenue from operations also saw a decrease from ₹6,602.81 crore in Q4 FY26.Subsidiary Investment and Equity AllotmentApar Industries approved an investment of up to BRL 3,000,000 (approximately ₹5.40 crore) in Apar Industries Latam Ltda, Brazil, a wholly owned subsidiary. Rediffusion launches new campaign for Apar industries with Sonu SoodAdditionally, the company allotted 9,484 equity shares to eligible employees under its Employee Stock Appreciation Rights Plan 2024. The paid-up share capital increased from ₹40,17,42,350 to ₹40,18,37,190 following this allotment.New SubsidiaryThe company also announced the incorporation of a wholly owned subsidiary in the United Kingdom, named "APAR Industries UK Limited." This new entity will engage in trading business related to conductors, OPGW, rods, and cables.Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.