Exide Industries reports 26% jump in Q1 net profit

19 Jul 2016 Evaluate

Exide Industries has reported results for first quarter ended June 30, 2016.

The company has registered a surge of 25.91% in its net profit at Rs 196.05 crore for the quarter under review as compared to Rs 155.71 crore for the same quarter in the previous year. Total income of the company increased by 11.67% at Rs 2025.35 crore for Q1FY17 as compared Rs 1813.68 crore for the corresponding quarter previous year.

Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. EIL is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.

Exide Inds Share Price

426.30 0.40 (0.09%)
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