Amara Raja profit before tax up 9% at Rs 217 crore in Dec quarter

During the quarter under review, the company's revenues grew little over 3% to Rs 1760.28 crore from Rs 1707.16 crore in the year-ago period

Industrial and automotive battery maker Amara Raja Batteries Limited has reported a 9.76 per cent increase in profit before tax (PBT) at Rs 217.11 crore for the quarter ended December, 2019 as compared with Rs 197.80 crore in the corresponding period previous year.

During the quarter under review, the company's revenues grew little over 3 per cent to Rs 1760.28 crore from Rs 1707.16 crore in the year-ago period. Amara Raja management said the replacement demand for its batteries across market segments helped the company achieve a health volume growth despite a slowdown in demand from original equipment manufacturers (OEMs)