Apar Industries Revenue Up 37%, Profit Down by 6%
Apar Industries Ltd., one of the top global leaders and manufactures of conductors, transformer oil and cables have announced its Annual Results.
Financial Performance: The revenue from operations has increased by 36.87 % to Rs. 7,963.85 Cr. in FY 19 from Rs. 5,818.53 Cr. of last year. The profit before taxation for the year has been Rs. 216.22 Cr. from Rs. 222.77 Cr. of last year, it has gone down by 2.94 %. Net profit after taxation has also gone down by 6 % to Rs. 136.06 Cr. from Rs. 144.74 Cr.
Business Segments Performance:
1. Conductor Revenue
| (In Rs. Cr.) | FY 18 | FY 19 | Growth (%) |
| Turnover | 1,209 | 3,020 | 150 % |
| Profit | 131 | 151 | 15 % |
2. Oil Revenue
| (In Rs. Cr.) | FY 18 | FY 19 | Growth (%) |
| Turnover | 2,106 | 2,630 | 25 % |
| Profit/Loss | 164 | 119 | (-) 28 % |
3. Cables Revenue
| (In Rs. Cr.) | FY 18 | FY 19 | Growth (%) |
| Turnover | 1,117 | 1,684 | 51 % |
| Profit | 91 | 173 | 90 % |
About Apar Industries Ltd.: It was established in 1958, since then is operating in diverse fields. The Company is a leading manufacturer of transformer oils, automotive oils and lubricants, aluminium and alloy conductors, power and telecom cables.
