Apar Industries Q3FY26 Revenue Jumps 16.2% to ₹5,480 Crore, PAT Up 19.4%
Apar Industries reported Q3 FY26 revenue of ₹5,480 crore, up 16.2% YoY. PAT increased by 19.4% to ₹209 crore. For 9M FY26, revenue grew 21.9% to ₹16,299 crore, and PAT rose 26.6% to ₹723 crore. An exceptional loss of ₹25 crore was recorded. Domestic revenue showed strong growth across divisions.
The announcement provides detailed financial results, including revenue and profit growth across key divisions, which are material information for investors and significantly impact the company's valuation and stock performance.
The company reported significant year-on-year growth in revenue and profit for both the quarter and the nine-month period, indicating strong operational performance and market resilience.
Apar Industries Limited announced its financial results for the third quarter and nine months ended December 31, 2025 (Q3 FY26 and 9M FY26). The company reported a consolidated revenue from operations of ₹5,480 crore for Q3 FY26, marking a 16.2% increase compared to ₹4,716 crore in Q3 FY25. For the nine-month period of FY26, revenue grew by 21.9% to ₹16,299 crore, reaching an all-time high for this period. This growth was primarily driven by domestic resilience and an improved product mix across all business verticals.
Domestic revenue saw a significant year-on-year increase of 30.0% in Q3 FY26 and 26.9% in 9M FY26. However, exports de-grew by 11.2% in Q3 FY26 compared to the previous year, contributing 25.6% to the revenue mix, down from 33.5% in Q3 FY25. This decline in exports is attributed to the prevailing tariff situation affecting US business.
EBITDA for Q3 FY26 rose by 20.4% to ₹483 crore, with a margin of 8.8%. For the 9M FY26 period, EBITDA grew by 23.8% to ₹1,483 crore. Profit After Tax (PAT) for Q3 FY26 stood at ₹209 crore, a 19.4% increase over Q3 FY25, with a PAT margin of 3.8%. On a nine-month basis, PAT grew by 26.6% to ₹723 crore.
An exceptional loss of ₹25 crore was accounted for in Q3 FY26 due to a provision made for past service cost on gratuity and compensated absences, following the enactment of the new labor code.
The Conductor Division reported a revenue increase of 25.1% to ₹3,063 crore in Q3 FY26, driven by commodity price increases and product mix changes. Volume, however, de-grew by 5.9%. EBITDA for this division grew by 40.5% to ₹251 crore. The pending order book for this division was ₹7,396 crore.
The Specialty Oil and Lubricant Division saw revenue grow by 18.4% to ₹1,458 crore in Q3 FY26. Transformer oil volume increased by 10.6% globally and automotive oil volume by 14.6%.
The Cable Division's revenue increased by 7.6% to ₹1,362 crore in Q3 FY26. Domestic business showed strong growth of 34.1%, while exports de-grew by 44.3%. The pending order book for this division stood at ₹1,668 crore.
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