Exide Industries Ltd News

Exide Industries shares jump 5% after mild profit, revenues growth in Q3

Exide Industries share price gained 5.3 per cent at Rs 361.60 a piece on the BSE in Wednesday's intraday trade

Exide Industries Q3 profit dips 22% to Rs 158 cr, revenue at Rs 4,017 cr

Battery manufacturer Exide Industries on Tuesday said its consolidated net profit declined 22 per cent to Rs 158 crore in the third quarter ended December 31, 2024. The company had reported a net profit of Rs 203 crore in the year-ago period. Revenue from operations rose to Rs 4,017 crore in the third quarter from Rs 3,980 crore in the year-ago period. "Although overall sales remained flattish in the quarter, attributable to a slowdown in government capex and other macroeconomic factors, we observed promising growth in the auto replacement and auto exports market segments," Exide Industries MD & CEO Avik Roy said. Near-term outlook is positive, with replacement markets remaining buoyant and expectation of rebound of government and private capex, which has the potential to drive up industrial demand, he added. Commodity prices are expected to remain broadly stable, Roy stated. "In our lithium-ion cell manufacturing project, construction work is going on in full swing and the team

Exide Industries gains 4% on pact with Hyundai Motor India for EV batteries

Shares of Exide Industries gained up to 3.83 per cent at Rs 456.80 per share on the BSE in Friday's early morning deals

Nykaa, Finolex, Exide see Death Cross on chart; stocks can fall up to 20%

The 'Death Cross' term is used when the stock's 50-DMA falls below 200-DMA; which in general leads to a tepid trend thereafter.

Exide Ind gains 4% on investing over Rs 99 crore in Exide Energy Solutions

With this investment, the total investment made by Exide Industries in its arm stands at Rs 3,052.24 crore

Exide Industries Q2 result: PAT falls 13.66% to Rs 233.4 cr on higher costs

Battery maker Exide Industries Ltd on Monday reported a 13.66 per cent decline in consolidated profit after tax at Rs 233.4 crore in the September quarter, impacted by higher expenses. The company had posted a consolidated profit after tax (PAT) of Rs 270.32 crore in the same quarter last fiscal, Exide Industries Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review was at Rs 4,450 crore compared to Rs 4,371.52 crore in the year-ago period. Total expenses were higher at Rs 4,157.63 crore against Rs 4,043.57 crore in the same quarter a year ago, the company said. In the second quarter, the two-wheeler and four-wheeler replacement markets experienced robust demand, leading to double-digit revenue growth, it added. Industrial-UPS and solar also enjoyed strong demand momentum during the quarter. However, the demand scenario was soft in the home-UPS segment due to the early onset of monsoons, Exide Industries said. On the export front, the .

Exide Industries share price drop 4% after net profit slips 14% YoY in Q2

"For the near-term, business outlook is positive and commodity prices have started easing, which is expected to support profitability," said Avik Roy, MD & CEO, Exide Industries

Exide Ind up 4% as it invests over Rs 99 crore in arm Exide Energy

Exide Industries invested over Rs 99 crore in its arm Exide Energy Solutions to fund its green field listed entity project

Nifty weekly expiry in focus; FIIs pile up bearish bets in Bank Nifty

Derivatives market update Oct 10: FIIs open positions in Bank Nifty up over 200% since the start of Oct; overall long-short ratio in index futures now at lowest level since June.