Battery major Exide Industries today said its net profit rose by 48.90 per cent to Rs 122.40 crore for the quarter ended June 30, 2009, over the same period last year.

The company had a net profit of Rs 82.20 crore for the same period ended June 2008, Exide Industries said in a filing to the Bombay Stock Exchange (BSE).

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Shares of Exide Industries today closed at Rs 70.60 on the BSE, up 0.93 per cent from previous close.

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