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Apar Industries Revenue History — Quarter by Quarter

Apar Industries's revenue moved from ₹5,715 Cr in Q2 FY26 to ₹6,625 Cr in Q4 FY26, a 15.9% change over 3 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

QuarterRevenue (₹ Cr)YoY Change
Q4 FY26₹6,625 Cr+26.7%
Q3 FY26₹5,480 Cr+16.2%
Q2 FY26₹5,715 Cr+23.1%

What management said about revenue

G

Q4 FY26 · Capex of ₹1,500 crore in FY27

Planned capex of ₹1,500 crore for FY27, with ₹850 crore for cables, ₹400 crore for conductors, and ₹200 crore for oil division, to front-load capacity for future demand.

G

Q4 FY26 · Conductor volume growth of ~10% YoY

Management targets approximately 10% volume growth in conductors year-on-year, supported by strong demand from transmission and renewable sectors.

G

Q4 FY26 · Cable revenue CAGR of 25% to reach ₹10,000 crore

Cable division aims for 25% CAGR to achieve ₹10,000 crore revenue in five years, with current expansions aligned to this target.

G

Q3 FY26 · Cable business to grow 20%+ in FY26

Management reiterated guidance of 20%+ revenue growth for the cable division for the full year, supported by strong domestic demand and US order recovery.

G

Q3 FY26 · Conductor volume growth of 8-9% for FY26

Management expects full-year conductor volume growth to be in the 8-9% range, in line with 9-month YTD performance.

G

Q2 FY26 · US order inflow resumed in Q3, revenue impact in Q4

New US orders started flowing in Q3 after a two-month pause, but revenues will be recognized in Q4, causing Q3 topline pressure.