Exide Industries reports marginal rise in Q4 consolidated net profit

30 Apr 2024 Evaluate

Exide Industries has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 36.55% rise in its net profit at Rs 283.75 crore for the quarter under review as compared to Rs 207.80 crore for the same quarter in the previous year. Total income of the company increased by 11.96% at Rs 4,012.82 crore for Q4FY24 as compared Rs 3,584.18 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 2.56% rise in its net profit at Rs 185.70 crore for fourth quarter ended March 31, 2024 as compared to Rs 181.07 crore for the same quarter in the previous year. Total income of the company increased by 12.53% at Rs 4,177.96 crore for Q4FY24 as compared Rs 3,712.67 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 16.53% rise in its net profit at Rs 1,052.96 crore as compared to Rs 903.63 crore for the previous year. Total income of the company increased by 9.44% at Rs 16,113.73 crore for year under review as compared to Rs 14,724.32 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 7.30% rise in its net profit at Rs 882.82 crore as compared to Rs 822.77 crore for the previous year. Total income of the company increased by 10.90% at Rs 16,859.68 crore for year under review as compared to Rs 15,202.69 crore for year ended March 31, 2023.

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425.90 -14.05 (-3.19%)
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