Apar Industries Limited announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported consolidated revenue of ₹5,480 crores for Q3 FY26, a 16.2% year-on-year increase, driven by strong domestic business performance. Domestic revenue grew by 30.0% compared to Q3 FY25, while exports saw a decline of 11.2% YoY, contributing 25.6% to overall revenues. EBITDA post open period forex increased by 20.4% YoY to ₹251 crores for the quarter, with a margin of 8.8%. Profit After Tax (PAT) grew by 19.4% YoY to ₹209 crores, with a PAT margin of 3.8%. For the nine months ended December 31, 2025 (9M FY26), Apar Industries achieved a historically high revenue of ₹16,299 crores, marking a 21.9% YoY growth. EBITDA for 9M FY26 increased by 23.8% YoY to ₹1,483 crores, with an EBITDA margin of 9.1%. PAT for the nine-month period stood at ₹723 crores, a 26.6% increase compared to the previous year. Segmentally, the Conductor segment reported a revenue of ₹3,063 crores for Q3 FY26, up 25.1% YoY, with volumes up 8.4% for 9M FY26. Speciality Oils segment revenue grew by 18.4% YoY to ₹1,362 crores in Q3 FY26, and Cable Solutions revenue increased by 7.6% YoY to ₹1,362 crores. The company also announced the appointment of Mr. Pitamber Shivnani as an Independent Director (Non-Executive), effective January 29, 2026, subject to shareholder approval. Mr. Shivnani brings extensive experience in the Transmission and Distribution sector. Commenting on the results, Mr. Kushal N Desai, Chairman & MD, highlighted the healthy performance despite muted US business, attributing it to a strong focus on the domestic market. He expressed optimism regarding ongoing trade deal negotiations with the US.
