Now Reading: Amara Raja Net Profit Up 16% to Rs 190.9 Cr in Q1
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Amara Raja Net Profit Up 16% to Rs 190.9 Cr in Q1
Amara Raja Energy & Mobility reported a 16 per cent year-on-year rise in consolidated net profit to Rs 190.9 crore for Q1 FY27, compared with Rs 164.8 crore a year ago. Revenue…
The Story in Brief
Amara Raja Energy & Mobility reported a 16 per cent year-on-year rise in consolidated net profit to Rs 190.9 crore for Q1 FY27, compared with Rs 164.8 crore a year ago. Revenue from operations jumped 24 per cent to Rs 4,215 crore. Sequentially, profit fell 39 per cent from Rs 314.3 crore in Q4 FY26, which included a Rs 181.15 crore net exceptional item.
Revenue from the lead-acid batteries segment rose 22 per cent to Rs 4,005 crore. The new energy business posted revenue of Rs 209.3 crore, up 73 per cent, but reported a loss of Rs 22.1 crore. Basic earnings per share stood at Rs 10.43. The company also said the Andhra Pradesh Pollution Control Board revoked closure orders for certain plants after related petitions were disposed of.
The Indian Opinion
The narrative that Indian manufacturing is slowing ignores the steady double-digit growth in both revenue and profit at Amara Raja. The sequential profit drop is entirely due to an exceptional item last quarter, not a weakening core business. The new energy segment still burns cash, but the loss has narrowed. Watch whether this segment turns operating-profit positive by the second half of FY27.
Sources (2): freepressjournal.in, inc42.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
