APAR Industries delivered a strong Q3 FY26, with consolidated revenue up 16.2% YoY to ₹5,480 Cr.

Its 9M FY26 revenue hit an all-time high of ₹16,299 Cr, surging 21.9%. Net profit (PAT) saw a healthy 19.4% rise in Q3 to ₹209 Cr, and a 26.6% jump for 9M to ₹723 Cr (EPS ₹180). Growth was largely powered by robust domestic demand and an enhanced product mix across divisions.

The Conductor segment excelled with 25.1% Q3 revenue growth, driven by premium products and a ₹7,396 Cr order book.

Specialty Oil benefited from strong domestic/global demand.

While overall exports, especially Cables' Q3 US revenue, faced tariff headwinds, domestic resilience was key.

An exceptional ₹25 Cr loss was reported in Q3 for a new labor code provision.

Management's focus on domestic market strength and strategic product mix continues to drive performance.