Apar Industries’ Ordering Momentum To Pickup Post Q3: Prabhudas Lilladher  
A technician conducts a test on a sample of oil inside a laboratory. (Photographer: Sanjit Das/Bloomberg)  

Apar Industries’ Ordering Momentum To Pickup Post Q3: Prabhudas Lilladher  

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Apar Industries Ltd. reported strong set of numbers led by strong recovery in transformer oil segment.

De-growth in consolidated revenue by 6.7% YoY impacted due to supply chain challenges amidst pandemic in the domestic market (down, 6% YoY) while exports market (up, 7% YoY) is gradually returning to normalcy.

Lower raw material cost and cost rationalisation measures led to boost in profitability.

Conductors segment declined by 28% YoY owing to supply side constraint, subdued demand for conventional conductors and high efficiency conductors.

Click on the attachment to read the full report:

Prabhudas Lilladher Apar Industries Q3FY21 Result Update.pdf

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