Apar Industries Q2 results: Shares gain 5% after profit rises 30%, margin expands

Apar Industries Ltd posted strong second-quarter earnings, with consolidated net profit rising 30% year-on-year to ₹252 crore, compared with ₹194 crore in the same period last year.

Revenue from operations increased 23% to ₹5,715.4 crore from ₹4,644.5 crore a year ago.

Operating performance remained robust, with EBITDA growing 29.3% to ₹461 crore versus ₹356.5 crore last year. Margins improved slightly to 8.1% from 7.7%, reflecting steady demand and operational efficiency.

For the first half of FY26, Apar posted its highest-ever half-yearly revenue of ₹10,820 crore, up 25% year-on-year, and EBITDA of ₹1,000 crore, also up 25.5%. The EBITDA margin for H1 stood at 9.2%.

Commenting on the performance, Kushal N Desai, Chairman and Managing Director of Apar Industries, said, “We have delivered strong performance in the 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."

Exports grew 43.1% year-on-year in Q2 FY26, with the export mix rising to 34.7% from 29.8% in the same quarter last year. The company’s US business surged 129.6% over Q2 FY25.

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

Shares of Apar Industries rose over 4% to ₹9,496 on the NSE after the results, touching an intraday high of ₹9,525.