Amara Raja Batteries reports 23% rise in Q3 net profit

Amara Raja Energy & Mobility Ltd. | Batteries | Automobiles | BSE: 500008 | NSE: ARE&M

29 Jan 2013 Evaluate

Amara Raja Batteries has reported results for third quarter ended December 31, 2012.

The company has reported 22.72% rise in its net profit at Rs 80.91 crore for the quarter ended December 31, 2012 as compared to Rs 65.93 crore for the same quarter in the previous year. Total income from operation of the company has increased by 23.67% at Rs 759.15 crore for quarter under review as compared to Rs 613.84 crore for the quarter ended December 31, 2011.

Amara Raja Batteries is engaged in manufacturing of industrial and automotive batteries. It was founded in 1985. It was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.

Peers

Company Name	CMP
Exide Industries	435.70
Amara Raja Energy	802.60
HBL Engineering	772.20
Eveready Inds. India	323.15
Indo-National	327.55
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