MoneyWorks4Me

Amara Raja Batteries reports 22% jump in Q2 net profit

28 Oct 2015 Evaluate

Amara Raja Batteries has reported results for second quarter ended September 30, 2015.

The company has reported 22.20% rise in its net profit at Rs 122.57 crore for the quarter ended September 30, 2015 as compared to Rs 100.3 crore for the same quarter in the previous year. The company’s total income has increased by 9.22% to Rs 1169.93 crore for the quarter under review from Rs 1071.17 crore for the corresponding quarter of the previous year.

Amara Raja Batteries 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.

Peers