Battery maker Amara Raja Energy & Mobility Ltd on Monday reported a 16 per cent increase in consolidated profit after tax at Rs 190.94 crore for the first quarter ended June 30, 2026, on the back of strong sales growth. The company had posted a consolidated profit after tax (PAT) of Rs 164.8 crore in the corresponding quarter of the previous fiscal, Amara Raja Energy & Mobility said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 4,214.54 crore as against Rs 3,401.08 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 3,979.41 crore as compared to Rs 3,190.66 crore in the same period a year ago, the company said. Lead acid batteries and allied products segment clocked revenue of Rs 4,005.24 crore in the first quarter as against Rs 3,279.79 crore in the corresponding period last fiscal. New energy business reported a robust growth in revenue at Rs 209.3 crore, up from Rs 121.29 crore .
Amara Raja has commissioned a Rs 500 crore Customer Qualification Plant in Telangana to validate lithium-ion cells ahead of commercial-scale battery manufacturing
Although geopolitical developments in key Middle East markets created certain challenges, company continued to demonstrate resilience and adaptability, says ICICI Securities.
Amara Raja Energy is India's largest automotive batteries and allied products manufacturer. It offers Li-ion cells, battery packs and charging solutions for Light Electric Vehicles & telecom industry.
Analysts said that companies involved in sectors like EV, EMS, auto ancillary, BESS, renewable energy, and specialty chemicals are expected to benefit most from the easing FDI rules
Anand Rathi expects Amara Raja Energy to gain market share in the lead-acid battery segment, supported by a favourable outlook for automotive and industrial demand.