Apar Inds rises as Q1 PAT rises 80% YoY to Rs 467 cr
Profit before tax stood at Rs 622.60 crore in Q1 FY27, compared with Rs 352.52 crore in Q1 FY26.
EBITDA rose 29.13% year on year (YoY) to Rs 814 crore in Q1 FY27, while EBITDA margin stood at 12.4% in Q1 FY27 as against 9.8% in Q1 FY26.
On the segmental front, the company?s conductor business posted strong growth, with revenue rising 19.87% YoY to Rs 3,338.13 crore in Q1 FY27. Revenue from the transformer and specialty oils segment increased 34.76% YoY to Rs 1,700.87 crore, while the power and telecom cable solutions division reported a 29.49% YoY rise in revenue to Rs 1,838.06 crore during the quarter.
Separately, the company announced plans to strengthen its international presence through expansion in the UK and Brazil.
The board approved the incorporation of a wholly owned subsidiary in the United Kingdom, proposed to be named APAR Industries UK (or another approved name), with an initial cash subscription of GBP 100,000. The new entity will undertake trading in conductors, optical ground wires (OPGW), alloy rods and cables, subject to regulatory approvals.
In Brazil, APAR plans to infuse up to BRL 3 million into its existing wholly owned subsidiary, Apar Industries Latam Ltda, through a cash subscription for equity shares. The investment, to be made in one or more tranches during FY27 or the following financial year, is aimed at enabling the subsidiary to participate in local tenders across South and Latin America that require or prefer local representation.
The company said it will continue to hold 100% ownership in both overseas subsidiaries following the transactions, with the proposed investments subject to applicable FEMA and local regulatory approvals.
APAR Industries manufactures conductors, transformer and specialty oils, and power and telecom cables. The company exports to more than 140 countries and operates manufacturing facilities in India and the UAE. Its business is organised into three key segments: Conductors, Transformer and Specialty Oils (TSO), and Power and Telecom Cables.
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