Apar Industries Posts 78% Q1 PAT, Expands UK
Apar Industries reported consolidated revenue of ₹6,591 crore and a PAT of ₹4.67 billion for the June quarter, driven by strong demand across conductors, specialty oils, and power cables. The results reflect a solid year-on-year rise, supported by margin expansion with EBITDA around ₹760 crore and an 11.5% margin. The company also announced international expansion plans, including the incorporation of APAR Industries UK Limited and an additional investment in Apar Latam Ltda in Brazil of up to BRL 3 million. In addition, Apar approved the allotment of 9,484 equity shares under its ESARs plan to eligible employees. The positive earnings momentum helped lift the stock, with notable intraday gains reported across multiple updates. These results and expansions underscore robust operational performance and a strategic push into global markets.
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