Apis India FY26 Profit Rises 15% as Revenue Gains 12%

Apis India Ltd reported higher revenue, operating profit and net profit for FY26, according to the financial information provided. Revenue rose to ₹396.28 crore from ₹354.17 crore in FY25, an annual increase of 11.89%. Operating profit increased 13.69% to ₹32.48 crore from ₹28.57 crore. Net profit grew 15.31% to ₹24.25 crore from ₹21.03 crore. The figures indicate that profit growth was faster than revenue growth during the year.

FY26 revenue crosses ₹396 crore

The company’s FY26 revenue was ₹396.28 crore, compared with ₹354.17 crore in the preceding financial year. This represents an increase of ₹42.11 crore over FY25. The reported 11.89% growth followed a year in which revenue stood above ₹350 crore. Apis India’s operations include revenue from operating and non-operating activities in its reported income statement. The annual result provides the latest full-year comparison available in the supplied data.

Operating profit grows faster than sales

Operating profit for FY26 was ₹32.48 crore, up from ₹28.57 crore in FY25. The increase of ₹3.91 crore translated into year-on-year growth of 13.69%. This was faster than the 11.89% increase in annual revenue. Based on the reported figures, operating profit was about 8.2% of FY26 revenue, versus about 8.1% in FY25. The modest improvement shows that operating profit kept pace with the expansion in sales.

Net profit rises to ₹24.25 crore

Apis India reported FY26 net profit of ₹24.25 crore, against ₹21.03 crore in FY25. The increase of ₹3.22 crore represented 15.31% year-on-year growth. Net profit therefore rose at a quicker pace than both revenue and operating profit. Based on the disclosed annual figures, net profit was about 6.1% of revenue in FY26. The result is the company’s latest reported annual profit comparison in the data provided.

March quarter shows mixed operating trends

For the quarter ended March 2026, Apis India reported revenue of ₹101.94 crore, compared with ₹110.00 crore in the December 2025 quarter. Revenue was therefore lower by 7.33% on a quarter-on-quarter basis. However, operating profit rose to ₹8.91 crore from ₹8.40 crore, an increase of 6.07%. Quarterly profit increased to ₹7.12 crore from ₹5.98 crore, representing growth of 19.06%. The supplied quarterly highlight also placed earnings per share at ₹1.86 for March 2026.

Quarterly reporting data reflects sales movement

The consolidated quarterly table shows sales of ₹90 crore in March 2025, ₹87 crore in June 2025, ₹96 crore in September 2025, ₹110 crore in December 2025 and ₹98 crore in March 2026. Operating profit in that table was ₹11 crore in March 2025, ₹7 crore in June, ₹11 crore in September, ₹10 crore in December and ₹8 crore in March 2026. Net profit was shown at ₹8 crore, ₹3 crore, ₹7 crore, ₹4 crore and ₹10 crore, respectively, across those five quarters. The figures show that the March quarter followed the highest sales level in the December 2025 quarter. The company’s reported quarterly data is presented by different financial-data sources and formats.

Key FY26 and March 2026 figures

Auditor review delays Q1 FY27 result

Apis India informed the stock exchange that its unaudited financial results for the quarter ended June 30, 2026 would be delayed. The company attributed the delay to the pending finalisation of the review by its statutory auditor, GAM S & Associates LLP. It said that it had provided the necessary information and was following up with the auditor to expedite completion. A separate announcement had said that Apis India would report its Q1 FY27 results on August 13, 2026. The company also issued a board-meeting intimation for October 27, 2026, to consider and approve Q1 FY27 unaudited standalone and consolidated results.

Why the annual result matters

The FY26 result matters because all three headline measures - revenue, operating profit and net profit - recorded double-digit annual growth. Revenue growth of 11.89% added scale, while operating profit and net profit growth of 13.69% and 15.31%, respectively, were higher. The March quarter also showed that quarterly revenue can move differently from quarterly profit. Revenue declined sequentially from the December quarter, while operating profit and net profit increased. Investors will need to rely on the company’s completed June-quarter disclosure for the next reported update on financial performance.

Outlook depends on pending Q1 disclosure

Apis India closed FY26 with revenue of ₹396.28 crore and net profit of ₹24.25 crore. The March 2026 quarter delivered higher operating profit and net profit than the December 2025 quarter despite lower reported revenue. The immediate reporting focus is the delayed unaudited result for the quarter ended June 30, 2026. The board meeting scheduled for October 27, 2026 is the next stated corporate event for approval of those results.