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Apar Industries reports over 3-fold jump in Q3 consolidated net profit

31 Jan 2023 Evaluate

Apar Industries has reported results for third quarter ended December 31, 2022.

The company has reported around 3-fold jump in its net profit at Rs 157.86 crore for Q3FY23 as compared to Rs 52.87 crore for the corresponding quarter previous year. Total income of the company increased by 74.46% to Rs 3,631.97 crore for the quarter under review as compared to Rs 2,081.78 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported over 3-fold jump in its net profit at Rs 169.90 crore for Q3FY23 as compared to Rs 54.96 crore for the same quarter in the previous year. Total income of the company increased by 76.34% to Rs 3,945.55 crore for the quarter under review as compared to Rs 2,237.43 crore for the same quarter in the previous year.

Peers
Company Name CMP
Waaree Energies 2446.70
Apar Industries 15613.80
Havells India 1070.00
Suzlon Energy 38.56
Siemens 3423.05
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