Exide Industries introduces new range of batteries

Exide Industries, leading battery manufacturer has introduced its new Power Safe XCD Series Valve Regulated Lead Acid batteries in Hyderabad. The new range of batteries is intended to offer uninterrupted back-up and unmatched life for UPS applications, so it is useful in areas having longer power outages. These batteries have been manufactured with tubular plates with gel electrolyte, which offers features of VRLA batteries with the strength of tubular plates.

The company has reported a fall of 12.93% in its net profit to Rs 142.51 crore for quarter ended March 31, 2012 against Rs 163.68 crore for the corresponding period last fiscal. Though, total income increased by 15.38% at Rs 1462.26 crore during the quarter under review from Rs 1267.36 crore in the year-ago period.