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Higher expenses pare Amara Raja Batteries' Q4 net by 9% to Rs 99 cr

This, despite an 18% y-o-y growth in Q4 income to Rs 1,527 cr

BS Reporter  |  Hyderabad 

Amara Raja Batteries posted a nine per cent decrease in net profit at Rs 99.19 crore in the fourth quarter of 2016-17, as compared with Rs 109.06 crore in the corresponding quarter the previous financial year. However, its total income was up 18 per cent to Rs 1,526.99 crore during January-March this year, from Rs 1,296.04 crore in the same quarter a year ago. The automobile storage battery maker's expenses rose 22 per cent tp Rs 1,378.95 crore during the quarter under review, from Rs 1,132.81 crore a year ago. The Hyderabad-based company has registered a marginal decline in ...

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First Published: Wed, May 24 2017. 21:16 IST
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