Apar Industries Q3 FY26 Results: Revenue ₹5,480 Cr, PAT ₹209 Cr; Appoints Pitamber Shivnani as Director
Apar Industries reported Q3 FY26 consolidated revenue of ₹5,480 Cr, up 16.2% YoY, and PAT of ₹209 Cr, up 19.4% YoY. Nine-month revenue reached ₹16,299 Cr, up 21.9% YoY, with PAT at ₹723 Cr, up 26.6% YoY. The company also appointed Mr. Pitamber Shivnani as Independent Director.
The announcement includes key financial results showing significant growth and a significant corporate action (appointment of a director), which are material to investors.
The company reported strong year-on-year growth in revenue and profit for both the quarter and the nine-month period, along with positive segmental performance. The appointment of an experienced director also adds to the positive outlook.
Apar Industries Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a 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, although exports saw a decline of 11.2%, contributing 25.6% to overall revenues. EBITDA post open period forex increased by 20.4% year-on-year to ₹485 crores, with a margin of 8.8%. Profit After Tax (PAT) for the quarter grew by 19.4% to ₹209 crores, with a PAT margin of 3.8%.
For the nine-month period ended December 31, 2025, Apar Industries achieved its highest-ever revenue, growing by 21.9% year-on-year to ₹16,299 crores. EBITDA for the nine months increased by 23.8% 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 over the previous year.
The company also reported segmental performance. The Conductor segment revenue grew by 25.1% year-on-year to ₹3,063 crores in Q3 FY26, with a premium product mix of 44.2%. Speciality Oils segment revenue increased by 18.4% year-on-year to ₹1,458 crores, with global transformer oil volume up by 10.6%. The Cable Solutions segment reported a revenue of ₹1,362 crores in Q3 FY26, a 7.6% increase year-on-year.
Additionally, the Board of Directors approved the appointment of Mr. Pitamber Shivnani as an Independent Director (Non-Executive), subject to shareholder approval. The Board Meeting commenced and concluded on January 29, 2026.
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