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Battery manufacturer Exide Industries today reported a 25.42% increase in its net profit at Rs 97.23 crore for the quarter ended December 31, 2014.
The company had posted a net profit of Rs 77.52 crore in the same period last fiscal, it said in a BSE filing.
Net sales during the period under review stood at Rs 1,557.9 crore as against Rs 1,301.41 crore in the year-ago period.
The company said during the quarter its cost of raw materials consumed increased by 4.6% to Rs 967.91 crore as against Rs 925.22 crore in the same period last fiscal.
