Conference Call with Apar Industries Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Electrical Equipment & Products company Apar Industries announced Q2FY26 results Revenue came in at Rs 5,715 crore up 23.1% vs Q2FY25, Domestic business continues to show healthy performance growing at 14.5% vs Q2FY25. Export grew 43.1% over Q2FY25. Export mix stands at 34.7% vs 29.8% in Q2FY25. US business grew 129.6% over Q2FY25. EBIDTA post open period forex posted strong growth of 24.0% over Q2FY25 led by volume acceleration, execution of high margin orders, change in product and US mix. EBITDA post forex margin stands at 8.7%. PAT grew 30.0% vs Q2FY25 to reach at Rs 252 crore; with margin of 4.4% vs 4.2% in Q2FY25. Kushal N Desai, Chairman & MD of APAR Industries said: "We have delivered strong performance in first half of the year with all time high half yearly top line and bottom line on the back of strong growth in export business and healthy domestic business performance. On the export front, the US Tariff situation is fluid at the moment with various announcements over past few months due to which we shall be taking tactical decisions to continue our strategic presence in the market. However, the fundamental growth drivers for the company remains intact thanks to the inflow of renewable energy and acceleration in grid modernization / augmentation at a global scale." Result PDF