Exide Industries reports consolidated net profit of Rs 33 crore in Q1
2nd Aug 2021

Exide Industries has reported results for first quarter ended June 30, 2021.

The company has reported above 2- fold jump at Rs 125.42 crore for the quarter under review as compared to net profit of Rs 43.95 crore for the same quarter in the previous year. Total income of the company increased by 60.91% at Rs 2501.55 crore for Q1FY22 as compared Rs 1554.66 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributed to the owners at Rs 32.88 crore for the quarter under review as compared to net loss of Rs 10.68 crore for the same quarter in the previous year. Total income of the company increased by 40.27% at Rs 3559.30 crore for Q1FY22 as compared Rs 2537.55 crore for the corresponding quarter previous year.