Amara Raja Batteries has reported 66.28% jump in net profit for the quarter ended December 31, 2011, at Rs 65.93 crore. The company had posted a net profit of Rs 39.65 crore in the corresponding period previous financial year.
The group’s total income during the third quarter also increased by 44.07% to Rs 613.13 crore from Rs 425.57 crore in the year-ago period.
Amara Raja Batteries (ARBL) is engaged in manufacturing of industrial and automotive batteries. It was founded in 1985. ARBL was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.
