Apar Industries Net Profit Up 104% YoY: Q4 FY21 Results
Apar industries Limited, one of the top manufacturers of conductors, cables and speciality oils and lubricants has announced its fourth quater and financial year results ending 31st March 2021.
Consolidated Financial Figures of Apar Industries
Q4 FY21 v/s Q4 FY20:
Apar’s revenue increased by 4.7% to Rs. 1,899 crore in Q4 FY21 as compared to Rs. 1,814 crore of same quarter last year. Net profit of the company has sharply gone up by 104% to Rs. 47 crore in Q4 FY21 from Rs. 23 crore in Q4 FY20.
Q4 FY21 v/s Q3 FY21:
Apar industries revenue grew up by 10.8% to Rs. 1,899 crore in Q4 FY 21 from Rs. 1,714 crore in Q3 FY 21. Net Profit went down by 43% to in Q4FY21 as compared to Rs. 82 crore from Q3FY21.
Apar Industries: Consolidated Performance FY21
Apar’s revenue stood at Rs. 6,405 crore in FY21, down by 14% from Rs. 7,438 crore in FY20. Net Profit was up 19% YoY at Rs. 161 crore in FY21 from Rs. 130 crore in FY20.
Exports contributed 41% to the FY21 revenue of Apar Industries.
FY21 Segment Wise Financial Results of Apar Industries
1. Conductor Business
| In Rs. Cr. | FY 20 | FY 21 | Growth (%) |
| Revenue | 2,908 | 3,600 | -19.2 % |
2. Speciality Oils & Lubricants
| In Rs. Cr. | FY 20 | FY 21 | Growth (%) |
| Revenue | 2,364 | 2,311 | 2.3 % |
3. Cables Business
| In Rs. Cr. | FY 20 | FY 21 | Growth (%) |
| Revenue | 1,270 | 1,600 | -20.7 % |
About Apar Industries Ltd.: Apar was established in 1958. Since then it has been operating in diverse fields of electrical and metallurgical engineering. Apar is a manufacturer and supplier of conductors, transmission cables, speciality oils, polymers and lubricants.
