$APARINDS posted record FY26 consolidated revenue of ₹22,902 crores (+23.3% YoY) with EBITDA of ₹2,067 crores and PAT of ₹977 crores. Q4FY26 revenue stood at ₹6,603 crores (+26.7% YoY). Management projects capex to contribute ₹3,000–5,000 crores annually to revenue (15–20% growth), targets U.S. revenue of $0.5 billion in three years from the current ₹1,600 crores, and expects cables to account for approximately 2.5% of data center capex. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.