Amara Raja Batteries reports 53% rise in Q3 consolidated net profit

27 Jan 2023 Evaluate

Amara Raja Batteries has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a rise of 54.03% in its net profit at Rs 222.81 crore for the quarter under review as compared to Rs 144.65 crore for the same quarter in the previous year. Total income of the company increased 11.72% at Rs 2663.31 crore for Q3FY23 as compared to Rs 2384.02 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 52.70% in its net profit at Rs 221.88 crore for the quarter under review as compared to Rs 145.30 crore for the same quarter in the previous year. Total income of the company increased 11.72% at Rs 2664.28 crore for Q3FY23 as compared to Rs 2384.82 crore for the corresponding quarter previous year.

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