BENGALURU : India’s Amara Raja Batteries Ltd reported a 41% jump in fourth-quarter profit on Tuesday, powered by strong demand from auto makers and accelerated 5G rollouts in the telecoms space. Consolidated net profit after tax rose to 1.39 billion rupees ($17.00 million) in the quarter, compared with 988.5 million rupees a year ago, the […]
Amara Raja Batteries Rejigs Board, Will Amend Objects Clause For New Energy Areas
Founder-Chairman Ramachandra Galla to step down. The Board of Directors of Amara Raja Batteries Limited has decided to restructure the composition of its Board. It has approved a proposal to amend the main objects clause of the Memorandum of Association to address new business segments in the electric mobility and new energy. The members of […]
Amara Raja Batteries Ltd sees sustained losses
Amara Raja Batteries Ltd is quoting at Rs 884.1, down 0.86% on the day as on 13:19 IST on the NSE. The stock jumped 14.7% in last one year as compared to a 24.76% rally in NIFTY and a 38.12% spurt in the Nifty Auto index. Amara Raja Batteries Ltd is down for a fifth […]
Amara Raja Batteries Q3 PAT spurts 18% to Rs 194 cr
Amara Raja Batteries (ARBL)’s consolidated net profit jumped 17.98% to Rs 193.69 crore on 12.18% rise in revenue from operations at Rs 1,960.43 crore in Q3 December 2020 over Q3 December 2019. Consolidated profit before tax (PBT) surged 19.93% to Rs 260.40 crore in Q3 December 2020 over Q3 December 2019. Total tax expense for […]
Amara Raja Batteries manufacturing at near 100 percent capacity utilisation
Exports of automotive batteries and industrial batteries also saw an upsurge Amara Raja Batteries’ manufacturing facilities had reached nearly 100 percent capacity utilisation in order to keep up with the rising demand. The company registered 35 percent Y-o-Y growth in inverters and 40 percent growth in two watt batteries, driven by 110 percent growth in […]
Amara Raja Batteries Q2 results: PAT falls 8% to Rs 201 cr
New Delhi : Amara Raja Batteries Ltd NSE -0.37 % on Tuesday reported a 7.93 per cent fall in consolidated prot after tax at Rs 201.27 in the second quarter ended on September 30. The company had posted a consolidated prot after tax of Rs 218.61 crore in the July-September period a year ago, Amara […]
Amara Raja Batteries Ltd soars 0.72%, gains for fifth straight session
Amara Raja Batteries Ltd is quoting at Rs 716.9, up 0.72% on the day as on 12:49 IST on the NSE. The stock is up 10.87% in last one year as compared to a 1.61% jump in NIFTY and a 7.51% jump in the Nifty Auto. Amara Raja Batteries Ltd is up for a fifth […]