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Apar Industries Q2 Profit Falls 4% Amid Rising Costs Despite Revenue Jump

Apar Industries experienced a mixed quarter with profits declining despite revenue growth. The company's expenses rose significantly, putting pressure on their bottom line performance. However, the year-on-year comparison shows strong growth momentum with both profit and revenue increasing substantially. Despite the quarterly profit dip, investor confidence remained strong as the company's shares surged over 4% following the results announcement.

Key Points: Apar Industries Q2 Profit Dips to Rs 251.7 Crore as Expenses Rise

  • Q2 net profit declined 4% sequentially to Rs 251.7 crore from Rs 262.9 crore
  • Revenue surged 12% quarter-on-quarter to Rs 5,742.85 crore
  • Total expenses jumped 13% to Rs 5,402.29 crore impacting profitability
  • Year-on-year performance showed strong growth with 29% profit increase
2 min read

Apar Industries' Q2 profit falls 4 pc sequentially to Rs 251.7 crore, revenue up

Apar Industries reports 4% sequential profit decline to Rs 251.7 crore despite 12% revenue growth in Q2 FY26, with expenses rising 13% quarter-on-quarter.

"We have delivered strong performance in the first half of the year with a time high half-yearly top line and bottom line - Kushal N Desai, Chairman and MD"

Mumbai, Oct 29

Apar Industries Limited on Wednesday reported over 4 per cent quarter-on-quarter (QoQ) decline in its net profit for the second quarter of the current financial year (Q2 FY26) at Rs 251.70 crore, as compared to Rs 262.91 crore in the April-June quarter.

In contrast, the total revenue for the quarter saw a nearly 12 per cent jump to Rs 5,742.85 crore against Rs 5,128.95 crore in the first quarter of this fiscal (Q1 FY26).

However, despite an uptick in revenue, the rise in expenses hit the profit. The electrical and energy infrastructure company's total expenses for the Q2 FY26 stood at Rs 5,402.29 crore, up 13 per cent sequentially from Rs 4,776.44 crore.

Meanwhile, the Mumbai-based firm's net profit jumped over 29 per cent year-on-year (YoY) from Rs 193.88 crore in the corresponding quarter a year ago, and Revenue from operations increased 23 per cent to Rs 5,715.4 crore from Rs 4,644.5 crore in the same quarter a year earlier.

"We have delivered strong performance in the first half of the year with a time high half-yearly top line and bottom line on the back of strong growth in export business and healthy domestic business performance," said Kushal N Desai, Chairman and MD of Apar Industries.

On the export front, the US tariff situation is fluid at the moment, with various announcements over the past few months due to which we shall be taking tactical decisions to continue our strategic presence in the market, Desai added.

Meanwhile, Apar Industries shares surged 4.04 per cent to end the session at Rs 9,475.0 per share on Tuesday. In the last 5 days, the scrip jumped 9.7 per cent, and in a month it rose over 13 per cent. Meanwhile, its 52-week high and low values stood at Rs 11,779.90 and RS 4,308.05, respectively.

Indian stock indices ended higher, supported by strong global cues and optimism ahead of the US Federal Reserve’s policy decision. Investor sentiment also improved following reports that the US President Donald Trump may soon finalise a trade deal with India.

The Sensex gained 368.97 points, or 0.44 per cent, to end the day at 84,977.13. The Nifty rose 117.7 points, or 0.45 per cent, to close at 26,053.9.

- IANS

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Reader Comments

P
Priya S
Expenses growing faster than revenue is concerning. 13% increase in costs while revenue grew 12% - that's the real story here. Management needs to focus on cost control in the coming quarters.
A
Aditya G
YoY growth looks solid - 29% profit growth and 23% revenue growth from last year. The quarterly dip might be temporary. Infrastructure companies like Apar are crucial for India's development journey.
S
Sarah B
The US tariff situation mentioned by the Chairman is worrying. Many Indian exporters are facing similar challenges. Hope the government's trade negotiations help stabilize the situation. 🤞
K
Karthik V
Stock price at ₹9,475 and still 20% below 52-week high? Seems like a good entry point given the strong fundamentals and India's infrastructure push. Bought some shares today!
M
Meera T
As a small investor, I appreciate companies that are transparent about challenges like the US tariff situation. Better to be prepared than surprised later. Good communication from management.

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