Amara Raja Batteries has reported results for first quarter ended June 30, 2017.
The company has reported a fall of 23.58% in its net profit at Rs 99.85 crore for the quarter under review as compared to Rs 130.66 crore for the same quarter in the previous year. However, total income of the company increased by 14.99% at Rs 1684.96 crore for Q1FY18 as compared Rs 1465.28 crore for the corresponding quarter previous year.
Amara Raja Batteries is engaged in manufacturing of industrial and automotive batteries. The company was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.
