Apar Industries Limited — Important, 29-10-2024: Financial Result Updates

APAR Industries Limited has approved its un-audited financial results for Q2 and H1 FY25, reporting a revenue increase of 18.4% YoY to ₹4,645 crores and a net profit growth of 11.5% YoY to ₹194 crores. The company plans to invest around ₹3.79 crores in Clean Max Rudra for wind and solar projects and up to USD 10 million in its subsidiary, Petroleum Specialities. Additionally, a new Employee Stock Appreciation Rights Plan and changes to its memorandum to include energy storage activities were approved.