Apar Industries reports 25% YoY growth in transformer oil volume for Q2FY25
Apar Industries recorded a 25% year-on-year increase in transformer oil volume in Q2FY25, driven by robust global demand. For the first half (H1) of FY25, transformer oil volume rose by 22.7%. Performance across other segments: ConductorsVolume growth remained flat in Q2FY25, primarily due to reduced exports amid increased competition from China and slow overseas demand. The export mix dropped to 18.7% from 48.3% in Q2FY24. Despite these challenges, premium products represented 42.2% of revenue in…