Exide Industries has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a rise of 29.01% in its net profit at Rs 177.50 crore for the quarter ended March 31, 2016 as compared to Rs 137.59 crore for the same quarter in the previous year. Total income of the company has increased by 7.92% at Rs 1784.00 crore for quarter under review as compared to Rs 1653.03 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the company has posted a rise of 14.09% in its net profit after tax at Rs 622.77 crore as compared to Rs 545.87 crore for the same period in the previous year. However, total income of company decreased marginally by 0.47% at Rs 6865.33 crore for year under review as compared to Rs 6897.55 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted rise of 16.13% in its net profit after tax & minority interest at Rs 713.70 crore as compared to Rs 614.55 crore for the same period in the previous year. However, total income of company has decreased marginally by 0.16% at Rs 9614.53 crore for year under review as compared to Rs 9630.10 crore for the period ended March 31, 2015.
