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Exide Industries reports 26% fall in Q3 consolidated net profit

01 Feb 2022 Evaluate

Exide Industries has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 15.47% in its net profit at Rs 204.10 crore for the quarter under review as compared to Rs 241.44 crore for the same quarter in the previous year. However, total income of the company increased by 13.84% at Rs 3,211.68 crore for Q3FY22 as compared Rs 2,821.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 25.81% in its net profit at Rs 177.96 crore for the quarter under review as compared to Rs 239.87 crore for the same quarter in the previous year. However, total income of the company increased by 14.15% at Rs 3,328.28 crore for Q3FY22 as compared Rs 2,915.79 crore for the corresponding quarter previous year.

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