Apar Industries: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Apar Industries (Apar) reported its highest-ever revenue in Q2FY22-23, driven by healthy exports, higher sales of premium products and volume growth. Sales grew by 42.5% y-o-y (year-on-year) and operating profit margin expanded by 140bps (basis points) y-o-y to 7%. Consequently, net profit expanded by 70bps to 3.2%.
 
 
Exports and premium products have helped drive sales and expand gross margins...
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