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Apar Industries reports 80% rise in Q2 consolidated net profit

03 Nov 2022 Evaluate

Apar Industries has reported results for second quarter ended September 30, 2022.

The company has reported rise of 99.25% in its net profit at Rs 111.62 crore for Q2FY23 as compared to Rs 56.02 crore for the corresponding quarter previous year. Total income of the company increased by 39.20% to Rs 2923.27 crore for the quarter under review as compared to Rs 2100.02 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 80.40% in its net profit at Rs 102.63 crore for the quarter under review as compared to Rs 56.89 crore for the same quarter in the previous year. Total income of the company increased by 42.81% to Rs 3247.10 crore for the quarter under review as compared to Rs 2273.77 crore for the same quarter in the previous year.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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