Amara Raja Batteries reports 17% rise in Q3 net profit

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

23 Jan 2014 Evaluate

Amara Raja Batteries has reported results for third quarter ended December 31, 2013.

The company has reported 17.43% rise in its net profit at Rs 95.01 crore for the quarter as compared to Rs 80.91 crore for the same quarter in the previous year. Total income from operations of the company has increased by 13.44% at Rs 862.93 crore for quarter under review as compared to Rs 760.68 crore for the quarter ended December 31, 2012.

Amara Raja Batteries is engaged in manufacturing of industrial and automotive batteries. It was founded in 1985. ARBL 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	432.90
Amara Raja Energy	796.30
HBL Engineering	770.55
Eveready Inds. India	325.90
Indo-National	327.55
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