Apar Industries Limited

rs,

nd Attn.: Listing Department BSE Limited Corporate Relations Department, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001. Scrip Code : 532259 Kind Attn. : Corporate Relationship De

24 %

articulars Revenue from Operations EBITDA* EBITDA* Margin PAT PAT Margin Q3 FY25 Q3 FY24 % Change Q2 FY25 % Change (₹ crores, unless stated otherwise) 9M 9M FY24 FY25 % Chang

25 %

om Operations EBITDA* EBITDA* Margin PAT PAT Margin Q3 FY25 Q3 FY24 % Change Q2 FY25 % Change (₹ crores, unless stated otherwise) 9M 9M FY24 FY25 % Change 4,716 4,009 17.

17.7%

% Change (₹ crores, unless stated otherwise) 9M 9M FY24 FY25 % Change 4,716 4,009 17.7% 4,645 1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0%

1.5%

crores, unless stated otherwise) 9M 9M FY24 FY25 % Change 4,716 4,009 17.7% 4,645 1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8%

14.3%

herwise) 9M 9M FY24 FY25 % Change 4,716 4,009 17.7% 4,645 1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8% -2.3% 8.7% -0.2% 9.

7.1%

4 FY25 % Change 4,716 4,009 17.7% 4,645 1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8% -2.3% 8.7% -0.2% 9.0% 10.0% -1.0%

0.3%

hange 4,716 4,009 17.7% 4,645 1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8% -2.3% 8.7% -0.2% 9.0% 10.0% -1.0% 175 3.7% 2

2.0%

17.7% 4,645 1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8% -2.3% 8.7% -0.2% 9.0% 10.0% -1.0% 175 3.7% 218 5.4% -19.7% -1.7

8.5%

4,645 1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8% -2.3% 8.7% -0.2% 9.0% 10.0% -1.0% 175 3.7% 218 5.4% -19.7% -1.7% 194

10.8%

1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8% -2.3% 8.7% -0.2% 9.0% 10.0% -1.0% 175 3.7% 218 5.4% -19.7% -1.7% 194 4.2%

2.3%

13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8% -2.3% 8.7% -0.2% 9.0% 10.0% -1.0% 175 3.7% 218 5.4% -19.7% -1.7% 194 4.2% -9.8%

“It is up 31.8% v/s LY while that for 9M it is up 44.8% Export mix stands at 33.5% in Q3 FY25 v/s 40.7% Q3 FY24 and on 9 months basis it is at 33.4% as against 47.4% LY.”

“On sequential quarter basis export revenue is up 14.3% US revenue in Q3 FY25 remains flat v/s Q3 FY24, but up by 8.4% sequentially over Q2.”

“EBITDA post open period forex in Q3 FY25 is lower by 7.1% YoY.”

“EBITDA post open period forex in 9M FY25 is higher by 2.0%.”

“ Conductor business recorded EBITDA post open period forex at ₹ 29,593 per MT in Q3 FY25 & ₹ 34,949 per MT in 9M FY25  Oil business recorded EBITDA post open period forex at ₹ 6,364 per KL in Q3 FY25 & ₹ 6,240 per KL in 9M FY25  Cable business recorded EBITDA post open period forex at 9.6% in Q3 FY25 and 9.8% in 9M FY25 In Q3 FY25 PAT down by 19.7% to reach ₹ 175 crores and in 9M FY25 PAT down by 3.0% to reach ₹  571 crores.”

“Export Mix in 9M FY25 stands at 24.1% v/s 46.7% in 9M FY24.”

“Exports have improved on sequential basis; it is up 42.7% v/s Q2 Premium product mix was at 37.4% of revenues in Q3 FY25.”

“In 9M FY25 premium product mix at 39.0% EBIDTA post open period forex in Q3 FY25 stood at ₹ 29,593 per MT Pending order book was ₹ 7,601 crores, of which export contributed 31.9%       New order inflow was ₹ 3,077 crores, up 62.3% v/s LY.”

“Volume growth is driven by strong global demand Automotive oil volume grew 13.5% YoY in Q3 FY25 and 21.2% YoY in 9M FY25, driven by growth in OEM business Industrial lubricant up by 13.8% in Q3 FY25 and 9.7% in 9M FY25 Export contribution to revenue stands at 43.8% in Q3 FY25 v/s 44.4% in Q3 LY.”

“Domestic revenue grew 30.4% in Q3 FY25 v/s Q3 FY24, while in 9M FY25 it grew 51.9% YoY.”

CONSOLIDATED FINANCIAL HIGHLIGHTS

1

CONSOLIDATED FINANCIAL HIGHLIGHTS

Particulars Revenue from Operations EBITDA* EBITDA* Margin PAT PAT Margin Q3 FY25 Q3 FY24 % Change Q2 FY25 % Change (₹ crores, unless stated otherwise) 9M 9M FY24 FY25 % Change 4,716 4,009 17.7% 4,645 1.5% 13,371 11,698 14.3% 401 432 -7.1% 402 -0.3% 1,198 1,174 2.0% 8.5% 10.8% -2.3% 8.7% -0.2% 9.0% 10.0% -1.0% 175 3.7% 218 5.4% -19.7% -1.7% 194 4.2% -9.8% -0.5% 571 4.3% 589 5.0% -3.0% -0.7% * Adjusted for post open period forex before unallocable corporate expenditure net of income      Revenue for Q3 grew 17.7% YoY and for 9M grew 14.3% YoY. Domestic demand continues to demonstrate a strong uptick, driven by continued Government focus on T&D, renewables & railways. It is up 31.8% v/s LY while that for 9M it is up 44.8% Export mix stands at 33.5% in Q3 FY25 v/s 40.7% Q3 FY24 and on 9 months basis it is at 33.4% as against 47.4% LY. On sequential quarter basis export revenue is up 14.3% US revenue in Q3 FY25 remains flat v/s Q3 FY24, but up by 8.4% sequentially over Q2. In 9M FY US