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Apar Industries Q2 Profit Surges 78% YoY to ₹447 Crore, Revenue Up 21%

Apar Industries, an aluminium conductor manufacturer, announced on Thursday, 29 October that its earnings for the July‑September quarter of FY27 (Q2 FY27) showed a 77.7 % year‑on‑year rise in consolidated profit after tax (PAT) to ₹447.32 crore. The company’s EBITDA post‑open‑period forex grew 57.8 % YoY to ₹787 crore, while its EBITDA margin advanced 270 basis points QoQ to 11.4 %. The results were released in a regulatory filing that also highlighted a 21.3 % YoY jump in consolidated revenue to ₹6,931.19 crore.

Consolidated revenue from operations stood at ₹6,931.19 crore during Q2 FY27, up 21.3 % from ₹5,715.42 crore in the same quarter of FY26. Export revenue fell 3.3 % YoY but rose 5.8 % QoQ. The company’s EBITDA post‑open‑period forex reached ₹787 crore, a 57.8 % increase YoY, and its EBITDA margin improved to 11.4 % after a 270‑basis‑point gain QoQ. These figures were reported in the company’s earnings release on 29 October, following the filing of its financial statements for the July‑September period.

Segment‑wise, the conductor business generated ₹3,753.46 crore in Q2 FY27, a 21.1 % YoY rise from ₹3,100.19 crore in FY26, though volume fell 9.2 % YoY and rose 7.2 % QoQ. The transformer and speciality oils segment recorded ₹1,816.06 crore, up 35.6 % YoY from ₹1,342.22 crore, with volume down 20 % YoY and flat QoQ. The power/telecom cables segment posted ₹1,874.64 crore, a 22.1 % YoY increase over ₹1,534.95 crore in the prior year’s quarter. These segments collectively contributed to the overall revenue growth. The company attributes the growth to sustained demand in infrastructure and industrial sectors.

Chairman and Managing Director Kushal N Desai said the first half of the year had delivered a healthy performance in both revenue and profitability, reflecting the strength of the business and product offerings amid global uncertainties. He noted that a recent Qualified Institutional Placement had strengthened the balance sheet, providing financial headroom to accelerate growth initiatives. Desai added that while metal and base oil prices remain elevated short‑term, the order book looks strong and the company will focus on long‑term value through capability strengthening and consistent performance.

Shares of Apar Industries rose as much as 4.8 % to an intraday high of ₹16,160 per unit on the National Stock Exchange on Thursday, 29 October, following the earnings announcement. At 2:28 PM the stock traded 0.36 % higher at ₹15,475 per equity share. Over the past week the scrip has advanced more than 5 %, but it has fallen 13 % over the month. Year‑to‑date, the share price has surged 86 %. As of 29 October 2026, the company’s market capitalisation stood at ₹64,776.51 crore according to NSE data.