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Apar Industries Ltd Q1FY24; 61% rise in Profits .

Apar, founded by Mr. Dharmsinh D. Desai in 1958, is a market leader in India with a global presence. Contributing to India’s process of electrification it started from manufacturing power transmission cables to having three broad business segments, which are Conductors, Transformer and specialty oils (TSO), and Power/telecom Cables.

Financial Results:

Apar Industries Ltd reported Revenues for Q1FY24 of ₹3,773.00 Crores up from ₹3,093.00 Crore year on year, a rise of 21.99%.

Total Expenses for Q1FY24 of ₹3,524.00 Crores up from ₹2,942.00 Crores year on year, a rise of 19.78%.

Consolidated Net Profit of ₹197.00 Crores up 61.48% from ₹122.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹51.59, up 61.22% from ₹32.00 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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