Amara Raja Energy & Mobility Reports Six Per Cent Rise in Quarterly Revenue
The company reported profit before exceptional items and tax of Rs 2,512.8 mn and profit before tax of Rs 2,074.8 mn for the quarter. Revenue momentum was supported by higher domestic original equipment manufacturer volumes in the four?wheeler and allied segments.
The industrial battery business delivered steady performance in the uninterruptible power supply segment while telecom customers increasingly migrated to advanced lithium?ion battery solutions. Export shipments declined during the quarter, which the company attributed to ongoing geopolitical tensions that affected global trade flows; management said the diversified portfolio and operational resilience helped mitigate export headwinds.
The New Energy Business achieved a key milestone by crossing Rs 2,000 mn, equivalent to Rs 2 billion (bn), in quarterly revenue supported by domestic demand for telecom battery packs. The company reported that progress on the customer qualification plant and research and development production facility continued as planned and were expected to be inaugurated soon to enable cell supply that is designed and made in India for customer testing. Work on other Gigafactory infrastructure was proceeding according to schedule with commercial production on track for early next calendar year.
Amara Raja said its brands and industrial partnerships continued to underpin steady growth across energy and mobility, noting convergence of the two sectors into a single ecosystem emphasising reliability and sustainability. The company highlighted original equipment relationships with major automotive manufacturers and distribution through a pan India sales and service network as strategic strengths. Risk factors were also acknowledged, including market demand variability, competition, currency fluctuations and other industry common uncertainties.