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Informist, Friday, Jan. 30, 2026

 

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--Exide Ind Oct-Dec net profit INR 2.58 bln
--Analysts saw Exide Ind Oct-Dec net profit INR 2.84 bln
--Exide Ind Oct-Dec revenue INR 40.30 bln
--Analysts saw Exide Ind Oct-Dec revenue INR 43.09 bln
--Exide Ind Oct-Dec net profit INR 2.58 bln vs INR 2.45 bln year ago
--Exide Ind Oct-Dec revenue INR 40.30 bln vs INR 38.49 bln year ago
--Exide Ind: To further invest INR 14 bln in arm Exide Energy Solutions
--Exide Ind Apr-Dec net profit INR 7.99 bln vs INR 8.22 bln year ago
--Exide Ind Apr-Dec revenue INR 127.18 bln vs INR 124.29 bln year ago
--Exide Ind Oct-Dec EBITDA INR 4.70 bln vs INR 4.49 bln year ago
--Exide Ind Oct-Dec EBITDA margin 11.7%, up 221 bps on qtr
 

 

By Divya Moolayattil

 

MUMBAI – Exide Industries Ltd. reported a moderate on-year rise in its net profit for the December quarter, driven by a rise in revenue and only a marginal uptick in expenses. Sequentially, the bottom line rose in upper teens as an on-quarter fall in the top line was offset by a decline in expenses. The company's top line and bottom line, however, missed the Street estimates for the reporting quarter.

 

The battery maker's net profit for the December quarter was INR 2.58 billion, up over 5% on year and up nearly 17% on quarter. The company's revenue came in at INR 40.29 billion for the reporting quarter, up nearly 5% on year but down nearly 4% sequentially. Analysts had pegged the company's net profit at INR 2.84 billion and revenue at INR 43.09 billion for three month ended Dec. 31.

 

The company's earnings before interest, taxes, depreciation, and amortisation for the December quarter was INR 4.70 billion compared to INR 4.49 billion in the year-ago quarter. The EBITDA margin improved 221 basis points sequentially to 11.7% for the reporting quarter, despite pressure on raw material prices. The margin improved due to strong volume growth and improved product mix and realisations, the company said in its press release.

 

The Kolkata-based company's total expenses were INR 36.96 billion for the December quarter, up nearly 5% on year. Total expenses for the September quarter was INR 39.23 billion. The company incurred an exceptional cost of INR 90 million for the reporting quarter due to implementation of the new labour code norms.

 

Exide Industries' net profit for nine months to December was INR 7.99 billion compared to INR 8.22 billion a year ago. The company's revenue for Apr-Dec was INR 127.18 billion, up over 2% from INR 124.29 billion a year ago.

 

The goods and services tax reforms, which became effective towards the end of September quarter, gave a major boost to the battery industry, the company said. Exide announced its December quarter earnings during market hours. The stock rose a little over 1% soon after the earnings announcement but later turned choppy and closed at INR 321.60, up marginally from the previous close.  End 

 

Edited by Tanima Banerjee

 

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