Apar Industries Reports Strong Q2 Earnings with 30% Profit Growth and Record Half-Year Revenue

Apar Industries Limited has posted strong financial results for the second quarter (Q2) of fiscal year 2026 (FY26). The company's consolidated net profit rose by 30% year-on-year, reaching ₹252 crore, up from ₹194 crore in the same period last year. Revenue from operations also saw a substantial increase of 23%, reaching ₹5,715.4 crore compared to ₹4,644.5 crore a year ago. Operating performance remained robust, with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) growing by 29.3% to ₹461 crore from ₹356.5 crore, and EBITDA margins improving slightly to 8.1% from 7.7%, reflecting steady demand and operational efficiency.

For the first half of FY26, Apar Industries achieved its highest-ever half-yearly revenue of ₹10,820 crore, a 25% year-on-year increase. EBITDA for the first half also grew by 25.5% to ₹1,000 crore, with an EBITDA margin of 9.2%. Kushal N Desai, Chairman and Managing Director, attributed this strong performance to robust export business growth and healthy domestic performance. Exports in Q2 FY26 grew by 43.1% year-on-year, with the export mix increasing to 34.7%. Notably, the company's business in the United States surged by 129.6% over Q2 FY25. Desai mentioned that the company is closely monitoring the fluid US tariff situation and will make tactical decisions to maintain its strategic presence. Following these strong results, shares of Apar Industries rose over 4% on the NSE.

Impact: These strong financial results are likely to boost investor confidence in Apar Industries, potentially leading to sustained positive stock performance. The record revenues and profit growth indicate strong operational execution and market demand, particularly in export markets. The significant growth in the US business, despite tariff uncertainties, highlights the company's strategic importance and adaptability.

Difficult Terms: * Consolidated Net Profit: The total profit of a company and its subsidiaries after all expenses, taxes, and interest have been deducted. * Revenue from Operations: The total income generated from the company's core business activities. * EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): A measure of a company's operating performance that excludes financing costs, taxes, and non-cash expenses. * EBITDA Margin: EBITDA divided by revenue, expressed as a percentage, indicating profitability from core operations. * FY26: Fiscal Year 2026, referring to the financial year ending March 31, 2026. * H1: The first half of the fiscal year. * Top Line: Refers to revenue or sales. * Bottom Line: Refers to net profit. * Year-on-year (YoY): A comparison of a period's results to the same period in the previous year.