Apar Industries announced expansion of production capacity for its Continuous Transposed Conductor (CTC) business to cater to increased demand available on account of focused prioritisation by Government in Power and Generation Equipment. Post the expansion, the total annual production capacity for CTC will be 20,490 MT gradually by the 3Q FY26 which will be 3x of current levels.Powered by Capital Market - Live News

Apar Industries announced the incorporation of wholly owned subsidiary in Brazil named `Apar Industries Latam Ltda` which is yet to commence its operations pending other approvals from concerned local authorities.The new company will carry out trading activities of variety of conductors. Powered by Capital Market - Live News

Net profit of Apar Industries rose 11.21% to Rs 193.38 crore in the quarter ended September 2024 as against Rs 173.88 crore during the previous quarter ended September 2023. Sales rose 18.73% to Rs 4623.40 crore in the quarter ended September 2024 as against Rs 3893.96 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4623.403893.96 19 OPM %7.718.97 - PBDT288.79264.94 9 PBT256.73236.77 8 NP193.38173.88 11 Powered by Capital Market - Live News

Apar Industries will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live News

Net profit of Apar Industries rose 2.59% to Rs 202.54 crore in the quarter ended June 2024 as against Rs 197.43 crore during the previous quarter ended June 2023. Sales rose 6.64% to Rs 3983.85 crore in the quarter ended June 2024 as against Rs 3735.87 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales3983.853735.87 7 OPM %9.439.26 - PBDT301.50290.38 4 PBT270.39263.15 3 NP202.54197.43 3 Powered by Capital Market - Live News