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Amara Raja Batteries Ltd Q1FY24; 47% rise in Profits

Amara Raja Batteries Limited (ARBL), the flagship company of the Amara Raja Group, is the technology leader and is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry.

Financial Results:

Amara Raja Batteries Ltd reported Revenues for Q1FY24 of ₹2,770.00 Crores up from ₹2,620.00 Crore year on year, a rise of 5.73%.

Total Expenses for Q1FY24 of ₹2,533.00 Crores up from ₹2,460.00 Crores year on year, a rise of 2.97%.

Consolidated Net Profit of ₹192.00 Crores up 46.56% from ₹131.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.27, up 46.36% from ₹7.70 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: batteries
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