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Informist, Friday, Nov. 14, 2025

 

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--Exide Ind Jul-Sept net profit INR 2.21 bln 
--Analysts saw Exide Ind Jul-Sept net profit at INR 3.23 bln 
--Exide Ind Jul-Sept revenue INR 41.78 bln 
--Analysts saw Exide Ind Jul-Sept revenue at INR 44.73 bln 
--Exide Ind Jul-Sept net profit INR 2.21 bln vs INR 2.98 bln year ago 
--Exide Ind Jul-Sept revenue INR 41.78 bln vs INR 42.67 bln year ago 
--Exide Ind Apr-Sept net profit INR 5.41 bln vs INR 5.77 bln year ago 
--Exide Ind Apr-Sept revenue INR 86.88 bln vs INR 85.80 bln year ago 
--Exide Ind Jul-Sept EBITDA INR 3.95 bln vs INR 4.84 bln year ago 
--Exide Ind: Cut production in Aug, Sept anticipating subdued demand in Q2 
--Exide Ind: Cutting production in Q2 helped reducing inventory by Sept 
--Exide Ind: Export business affected in Q2 due to tariff-linked challenges 
--Exide Ind: Expect growth in trade, auto OEM ops to come back stronger Q3 
--Exide Ind: Production from Exide Energy project to begin by FY26-end 
 

 

By Arundathi A R

 

MUMBAI – Exide Industries Ltd. Friday reported a sharp year-on-year fall in its bottom line for the September quarter as revenue of the company declined in low single digits and total expenses of the company remained largely unchanged in the three-month period. Its top line in Jul-Sept fell after 20 consecutive quarters of growth. Both key metrics missed the Street's estimates for the reporting quarter.

 

The battery maker's net profit in the September quarter fell almost 26% on year to INR 2.21 billion. On a sequential basis, the bottom line was down over 31%. Analysts had pegged the company's net profit at INR 3.23 billion for the three months ended Sept. 30.

 

The company's revenue from operations for the reporting quarter was INR 41.78 billion, down 2% on year. The top line was down over 7% sequentially. Analysts had expected the company to report a top line of INR 44.73 billion for Jul-Sept. 

 

Total expenses of the company were largely unchanged from the year-ago quarter at INR 39.23 billion while sequentially they fell over 4%. Expenses tied to the raw materials consumed during the quarter fell over 6% on year to INR 28.96 billion. 

 

The company's earnings before interest, tax, depreciation, and amortisation, or EBITDA, fell 18% on year in the reporting quarter to INR 3.95 billion. For the half-year ended September, the EBITDA fell 3.6% on year to INR 9.43 billion.

 

The company's EBITDA margin for Apr-Sept was 10.9%, primarily due to higher input materials prices, Exide Industries said in a press release.

 

For the half-year ended September, the company reported a net profit of INR 5.41 billion, down over 6% on year. Its revenue from operations for the same period rose over 1% on year to INR 86.88 billion.

 

Exide Industries had cut production in August and September in anticipation of subdued demand in the September quarter. Export business of the company was affected due to tariff-linked challenges, Exide Industries said.

 

"We expect the strong growth momentum, especially in Trade and Automotive OEM (original equipment manufacturer) business, to be back in Q3 (Oct-Dec)," Avik Roy, managing director and chief executive officer of the company, said.

 

Exide Industries expects production from its subsidiary Exide Energy Solutions Ltd.'s project to start by the end of 2025-26 (Apr-Mar), the company said in a press release. 

 

On Friday, shares of the company ended marginally higher at INR 381 on the National Stock Exchange. The company announced its September quarter earnings post market hours.  End

 

Edited by Tanima Banerjee

 

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