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Exide Industries reports marginal rise in Q3 consolidated net profit

24 Jan 2024 Evaluate

Exide Industries has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 7.65% rise in net profit at Rs 240.27 crore for the quarter ended December 31, 2023 as compared to Rs 223.19 crore for the same quarter in the previous year. Total income of the company increased by 12.45% at Rs 3863.26 crore for Q3FY24 as compared Rs 3435.51 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 2.30% rise in its net profit at Rs 202.69 crore for Q3FY24 as compared to Rs 198.14 crore for the same quarter in the previous year. Total income of the company increased by 12.43% at Rs 4005.03 crore for Q3FY24 as compared Rs 3562.16 crore for corresponding quarter of the previous year.

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