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Amara Raja Batteries reports 83% rise in Q2 consolidated net profit

11 Nov 2019 Evaluate

Amara Raja Batteries has reported results for second quarter ended September 30, 2019.

The company has reported a rise of 82.03% in its net profit at Rs 218.85 crore for the quarter under review as compared to Rs 120.23 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 3.06% at Rs 1,713.26 crore for Q2FY20 as compared Rs 1767.29 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 81.83% in its net profit at Rs 218.61 crore for the quarter under review as compared to Rs 120.23 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 3.06% at Rs 1,713.26 crore for Q2FY20 as compared Rs 1767.29 crore for the corresponding quarter previous year.

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