Apar Industries Q2 profit soars 78% YoY to ₹447 crore, revenue jumps 21%; shares surge 5%

In the corresponding period of the preceding fiscal year, the firm had logged a profit of ₹251.70 crore, according to a regulatory filing.

The company’s consolidated revenue from operations stood at ₹6,931.19 crore during the quarter under review, marking a 21.3% YoY jump from ₹5,715.42 crore in the second quarter of the 2025-26 fiscal year (Q2 FY26).

While its export revenue declined 3.3% YoY, it rose 5.8% quarter-on-quarter (QoQ).

At an operational level, its EBITDA (earnings before interest, tax, depreciation, and amortisation) post-open-period forex grew 57.8% YoY to ₹787 crore in Q2 FY27. Its EBITDA margin advanced by 270 basis points (bps) QoQ to 11.4%.

Segment-wise performance

However, its volume fell YoY by 9.2%, while advancing sequentially by 7.2%.

What the management said

Commenting on the earnings, Kushal N Desai, Chairman & MD of Apar Industries, said: “Amid ongoing global uncertainties, we have concluded the first half of the year with a healthy performance in both revenue and profitability, reflecting the strength of our business and product offerings.”

He further stated that the company recently completed a fundraise by Qualified Institutional Placement (QIP), adding that the fundraise will significantly bolster its balance sheet, thereby giving the firm the financial headroom to accelerate its growth initiatives.

“While prices of metals and base oils remain elevated in the short term, our order book looks strong, and we remain focused on delivering long-term value by strengthening our capabilities and consistent performance,” Desai added.

Apar Industries stock performance

Shares of Apar Industries surged as much as 4.8% to hit an intraday high of ₹16,160 per unit on the National Stock Exchange (NSE) on Thursday, October 29, following the results announcement.

At around 2:28 PM, the stock was trading 0.36% higher at ₹15,475 per equity share. While the scrip has advanced more than 5% in the past week, it has lost 13% over the month. On a year-to-date (YTD) basis, it has soared 86%.

Apar Industries has a total market capitalisation of ₹64,776.51 crore as of October 29, 2026, according to data on the NSE.