Earnings Review
Amara Raja Q3 PAT halves on year, misses Street estimates
This story was originally published at 20:53 IST on 11 February 2026
Register to read our real-time news.Informist, Wednesday, Feb. 11, 2026
Please click here to read all liners published on this story
--Amara Raja Oct-Dec net profit INR 1.52 bln
--Analysts saw Amara Raja Oct-Dec net profit INR 2.42 bln
--Amara Raja Oct-Dec revenue INR 33.51 bln
--Analysts saw Amara Raja Oct-Dec revenue INR 34.58 bln
--Amara Raja Oct-Dec net profit INR 1.52 bln vs INR 3.12 bln year ago
--Amara Raja Oct-Dec revenue INR 33.51 bln vs INR 31.64 bln year ago
--Amara Raja Oct-Dec labour code implementation cost INR 438 mln
--Amara Raja Apr-Dec net profit INR 6.48 bln vs INR 7.97 bln year ago
--Amara Raja Apr-Dec revenue INR 100.89 bln vs INR 94.31 bln year ago
By Divya Moolayattil
MUMBAI – Amara Raja Energy and Mobility Ltd.'s net profit for the December quarter halved on year due to a high base from insurance claims in the year-ago quarter. The higher expenses and one-time cost related to the implementation of new labour codes also weighed on the bottom line even as the revenue grew single-digit. The company's bottom line missed analysts' estimates by a wide margin.
The battery maker reported a net profit of INR 1.52 billion, down over 51% on year. Analysts had estimated the December quarter's net profit to be INR 2.42 billion. In the year-ago quarter, the company received an exceptional income of INR 1.11 billion as an insurance claim for a fire accident that occurred at its manufacturing facility in Chittoor, Andhra Pradesh, on Jan. 30, 2023, the company said. The exceptional cost of INR 438 million due to implementation of new labour codes during the quarter also weighed on the company's bottom line.
The company's net sales for the December quarter rose nearly 6% on year to INR 33.51 billion. This was below analysts' estimate of INR 34.58 billion.
Amara Raja's total expenses for the quarter under review were INR 31.26 billion, up over 8% a year ago.
The cost of raw materials consumed by the company was INR 21.06 billion, up nearly 13% on year. This constituted nearly 67% of Amara Raja's total expenses. The purchase of stock-in-trade also rose to INR 3.71 billion, up nearly 8% on year. Its other expenses rose 10% to INR 4.85 billion from the year-ago quarter. However, inventories of finished goods, work-in-progress, and stock-in-trade were negative INR 1.90 billion from negative INR 941 million a year ago.
The company paid a dividend of INR 5.40 per share during the quarter. For the nine months ended December, the company reported a net profit of INR 6.48 billion, down nearly 19% a year ago. The net sales for the period was INR 100.89 billion, up nearly 7% a year ago.
Shares of the company closed marginally higher at INR 911.70 on the National Stock Exchange Wednesday. The results for the December quarter were announced after market hours. End
Edited by Deepshikha Bhardwaj
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
