APAR Industries Q2 Profit Surges 77.8% as Revenue Rises 21.3%; Board Approves ₹830 Crore Subsidiary Investment
APAR Industries Q2 FY27 net profit rose 77.8% YoY on 21.3% revenue growth; board approved ₹830 crore subsidiary investment for conductor capacity expansion targeting export markets
Key points
- APAR Industries Q2 profit +77.8%, revenue +21.3%; power conductor and transformer oil demand driven by India grid expansion and HTLS exports
- Board approves ₹830 crore subsidiary investment for capacity expansion targeting export-oriented HTLS conductor market
- Positive sector read-through for Polycab, KEI Industries; copper/aluminum input costs are key Q3 margin variable
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