Exide Industries Q4 profit rises 23% amid cost pressures
pre-market1 source ↓written by the desknot a recommendation
- 23% YoY increase
- Margins improved
- 11.6%
- which grew
- 25%
Exide Industries reported net profit ₹312.4 cr, a 23% YoY increase, surpassing estimates. Revenue rose 9.4% to ₹4,551 cr, driven by strong automotive demand despite rising input costs. Margins improved to 11.6%, reflecting steady operational performance, particularly in the auto OEM segment, which grew over 25%. 📈
Not investment advice. For informational purposes only.