Exide Industries has reported results for first quarter ended June 30, 2020.
The company has reported 80.40% fall in its net profit of Rs 43.95 crore for the quarter under review as against net profit of Rs 224.29 crore for the same quarter in the previous year. Total income of the company decreased 44.39% at Rs 1554.66 crore for Q1FY21 as compared Rs 2795.66 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributable to owners at Rs 10.68 crore for the quarter under review as against net profit of Rs 161.87 crore for the same quarter in the previous year. Total income of the company decreased by 31.26% at Rs 2537.55 crore for Q1FY21 as compared Rs 3691.33 crore for the corresponding quarter previous year.
