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Amara Raja Energy & Mobility Ltd Q2FY24; 6% 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 Energy & Mobility Ltd reported Revenues for Q2FY24 of ₹2,811.00 Crores up from ₹2,699.00 Crore year on year, a rise of 4.15%.

Total Expenses for Q2FY24 of ₹2,545.00 Crores up from ₹2,446.00 Crores year on year, a rise of 4.05%.

Consolidated Net Profit of ₹214.00 Crores up 5.94% from ₹202.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹12.55, up 6.00% from ₹11.84 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: Battery
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