Apar Industries’ shares fell 18% after the company reported its Q3 FY25 results, showing mixed performance despite significant revenue growth. As of 1 PM, Apar Industries shares were trading 17.89% lower at Rs 7,360.05.
The company saw a 17.7% year-on-year (YoY) increase in revenue, reaching ₹4,716 crore, driven by a 31.8% growth in domestic business. However, exports contributed only 33.5% to total revenue, down from 40.7% in Q3 FY24. Despite the revenue surge, Apar’s profitability took a hit during the quarter, with EBITDA (post forex) declining 7.1% YoY to ₹401 crore, and profit after tax (PAT) dropping 19.7% YoY to ₹175 crore.
For the nine-month FY25 period, Apar Industries recorded a 14.3% YoY growth in revenue, totaling ₹13,371 crore. However, PAT for the same period showed a slight decline of 3% YoY, amounting to ₹571 crore.
In terms of segmental performance, the Conductor Business performed strongly with a 23.4% YoY revenue increase, supported by a 19% volume growth and a 54.5% rise in domestic sales. The Specialty Oils segment, however, experienced flat revenue growth, with EBITDA falling 18.3% YoY. The Cable Solutions business saw a 37% YoY revenue jump, driven by a 30.4% increase in domestic sales, although EBITDA margins decreased by 200 basis points YoY to 9.6%.
Apar Industries shares opened at 8,763.80, with a high of 8,889.90 and a low of 7,310.05 in recent trading. The stock has seen significant movement over the past year, with a 52-week high of 11,779.90 and a low of 5,467.05.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
