Apar Industries Q1 net jumps 94% to Rs 6.54 crore BY A BUSINESS CORRESPONDENT 1 August, 2005: Apar Industries Ltd, a manufacturer of specialty oils, aluminium conductors & polymers, has reported net sales of Rs 201.1 crore for the quarter ended June 30, 2005 as against net sales of Rs 191.3 crore reported during corresponding quarter of the previous year. This is a marginal increase over the previous year. However, profit after tax but before exceptional items for the quarter at Rs 6.5 crore grew by 95% over profit after tax (before exceptional item) of Rs 3.33 crore earned during the corresponding quarter for the previous year. Profit after tax (after exceptional items) at Rs 6.27 crore grew by 94%. Earning per share for the quarter stood at Rs 3.02 as against earning per share of Rs 1.48 for the corresponding quarter in the previous year. Revenue from Conductors Division at Rs 80.56 crore grew by almost 21% while Transformer & Speciality Oil division’s revenue at Rs 115.63 crore grew by 7.3%. PBIT (profit before interest & tax) of the Transformer & Speciality Oil division grew by 59% while PBIT of Conductors division grew by 84%. Revenue and PBIT of polymers division saw decline during the quarter due to plant shutdown for expansion.  Apar Industries is a Rs 10 billion diversified manufacturing company offering value-added services in Power Transmission Conductors, Petroleum Specialities and Synthetic Rubbers. Apar’s product-lines of Specialty Oils, Aluminium Conductors & polymers are niche businesses, each with leadership positions in India. Established in 1958 by Mr Dharmsinh Desai, all of Apar’s manufacturing businesses are today accredited with ISO-9001-2000 Quality Management Systems. BY A BUSINESS CORRESPONDENT