EBITDA post open period forex stood at Rs 501 crore in Q1 FY26, up 27% YoY and 3.6% quarter-on-quarter (QoQ). EBITDA margin stood at 9.8% in Q1 FY26, unchanged from Q1 FY25 but higher than 9.3% in Q4 FY25.

The company's conductor business posted robust growth, with revenue rising 43.86% YoY in Q1 FY26. Revenue from the transformer and specialty oils segment declined marginally by 0.25%, while the telecom cable solutions division registered a strong 36.25% YoY increase during the quarter.

Kushal N. Desai, chairman & MD of APAR Industries, said, 'We have commenced this financial year with strong topline and bottomline growth. Amidst a complex global economic landscape, we were able to deliver a strong result that encapsulates our growing market leadership position. While Chinese competition continues in non-US markets, the trade deal between India and the US is still underway; however, against the backdrop of the energy shift, which continues to be a focal point on the global roadmap, we remain confident that we will continue to deliver healthy performance going forward.'

APAR Industries 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.