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Amara Raja Batteries reports 33% rise in Q3 net profit

02 Feb 2016 Evaluate

Amara Raja Batteries has reported results for third quarter ended December 31, 2015. 

The company has reported 33.07% rise in its net profit at Rs 136.18 crore for the quarter ended December 31, 2015 as compared to Rs 102.34 crore for the same quarter in the previous year. The company’s total income has increased by 15.43% to Rs 1236.45 crore for the quarter under review from Rs 1071.15 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.

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