Exide Industries Rides High on Robust Q4 Growth
Exide Industries Ltd reported a 15% increase in consolidated profit after tax for Q4 FY26, reaching Rs 216.73 crore. Revenue rose to Rs 4,735.13 crore, bolstered by strong performance across automotive, inverter, and solar businesses. The lithium-ion cell project progresses well despite challenges from West Asia conflict.
Exide Industries Ltd has reported a significant 15% growth in consolidated profit after tax, reaching Rs 216.73 crore for the fourth quarter ending March 31, 2026. This increase was driven by notable performance across various key businesses.
The battery manufacturer marked a revenue from operations of Rs 4,735.13 crore, up from Rs 4,335.42 crore in the previous year. Despite rising expenses, the company's overall growth was bolstered by gains in the automotive sector, supported by strong demand in the replacement market and energy storage domains.
Managing Director Avik Roy highlighted the positive economic conditions and noted ongoing challenges due to the West Asia conflict impacting costs. Meanwhile, the company's lithium-ion cell manufacturing project is progressing, with prismatic and cylindrical cell production trials set to begin soon.
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