Apar Industries Posts Q1 FY27 Financials: Steep Jump of 78% in PAT

Apar Industries Ltd. [NSE: APARINDS, BOM: 532259], one of India’s major conductors, cables & lubricants manufacturers, has announced its financial results for first quarter of FY27.
Apar’s Standalone Financial Results for Q1 FY27
Apar Industries’ standalone revenue from operations stood at Rs. 6,477.35 crore during Q1 FY27. Correspondingly, the company’s Profit After Tax (PAT) for the period stood at Rs. 453.05 crore.
Consolidated Financial Performance of Apar Industries for Q1 FY27
YoY Comparison of Apar’s Financial Figures: Q1 FY27 vs. Q1 FY26

On Year-over-Year (YoY) basis, the company’s revenue increased by 29.13% to Rs. 6,591.06 crore during Q1 FY27 from Rs. 5,104.16 crore in Q1 FY26. Apar Industries’ PAT also jumped to Rs. 467.45 crore in the first quarter of FY27 from Rs. 262.91 crore in Q1 FY26. This increase in numbers represents a YoY increase of 77.80% in Apar’s PAT.

Apar Industries’ Earnings Per Share (EPS) were Rs. 116.37 during Q1 FY27 and Rs. 65.45 for Q1 FY26.
QoQ Comparison of Apar Industries’ Financials: Q1 FY27 vs. Q4 FY26
Apar Industries’ Q1 FY27 revenue is 0.18% lower than its Q4 FY26 revenue of Rs. 6,602.81 crore. On Quarter-over-Quarter (QoQ) basis, the company’s PAT jumped by 84.44% from Rs. 253.44 crore profit during fourth quarter of FY26.
YoY Segment-Wise Revenue Analysis of Apar Industries

Conductors: Revenue from Conductors segment of the company grew by 19.87% to Rs. 3,338.13 crore during Q1 FY27 from Rs. 2,784.72 crore in Q4 of FY26.
According to the company’s investor presentation for Q1 FY27 financial results, Apar Industries reported a pending order book of Rs. 10,190 crore and order inflow of Rs. 5,245 crore during Q1 FY27 in its Conductors business segment.
Transformer and speciality oils: The company earned Rs. 1,700.87 crore as revenue during Q1 FY27 from its Transformer and speciality oils segment against Rs. 1,262.06 crore clocked during Q4 FY26. This represents an increase of 34.77% on a YoY basis.
Power / Telecom Cables: Apar Industries earned revenue of Rs. 1,838.06 crore from this segment during Q1 of FY27. This reflects a YoY increase of 29.49% from the company’s Rs. 1,419.43 crore revenue from this segment reported for Q4 of FY26.
The company’s pending order book in the Power / Telecom Cables segment stood at Rs. 1,925 crore.
Others: This business segment primarily comprises Polymer manufacturing unit. During the first quarter of FY27, Apar generated Rs. 68.70 crore in revenue from this segment, marking a 75.70% increase from Rs. 39.10 crore reported in Q4 FY26.
**The difference of Rs. 354.70 crore between the collective segment revenue of Rs. 6,945.76 crore and the consolidated revenue from operations of Rs. 6,591.06 crore is attributable to inter-segment eliminations. When individual business segments report their financial performance, their revenue may include sales made to other segments within the same company. These inter-segment transactions are eliminated during consolidation to ensure that consolidated revenue reflects only sales to external customers.
About Apar Industries Limited: Established in 1958, Apar Industries Ltd. has its presence in over 125 countries. Apar’s portfolio comprises the manufacture and supply of conductors, transmission cables, speciality oils, polymers, and lubricants.
