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A slight decline in the revenue of Rs. 24114.60 millions was seen for the December 2019 quarter as against Rs. 24968.40 millions during year-ago period.Net Profit recorded in the quarter ended December 2019 rise to 26.37% to Rs. 1959.30 millions compared to R. 1550.40 millions in corresponding previous quarter.The company reported a good operating profit of 3449.50 millions compared to 3205.20 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 24114.60 24968.40 -3.42 78015.70 79896.50 -2.35 105883.10 94598.00 11.93 Other Income 251.20 79.90 214.39 470.80 238.30 97.57 385.00 584.10 -34.09 PBIDT 3449.50 3205.20 7.62 11418.30 10599.90 7.72 14498.40 12991.70 11.60 Interest 21.40 23.10 -7.36 57.10 48.10 18.71 60.50 52.40 15.46 PBDT 3211.10 3182.10 0.91 11144.20 11634.70 -4.22 15520.80 12521.00 23.96 Depreciation 925.40 813.30 13.78 2687.70 2300.20 16.85 3135.00 2459.40 27.47 PBT 2285.70 2368.80 -3.51 8456.50 9334.50 -9.41 12385.80 10061.60 23.10 TAX 326.40 818.40 -60.12 1881.40 3000.80 -37.30 3945.30 3378.10 16.79 Deferred Tax -187.70 69.10 -371.64 -464.20 197.60 -334.92 361.10 -151.50 -338.35 PAT 1959.30 1550.40 26.37 6575.10 6333.70 3.81 8440.50 6683.50 26.29 Equity 850.00 850.00 0.00 850.00 850.00 0.00 850.00 850.00 0.00 PBIDTM(%) 14.30 12.84 11.43 14.64 13.27 10.32 13.69 13.73 -0.30
The company`s total revenue for the quarter ended June 2019 saw a slight change in the total revenue, having registered a total revenue of Rs. 27792.50 millions.Profit saw a slight increase of 6.85%to Rs. 2242.90 millions from Rs. 2099.20 millions.Operating profit for the quarter ended June 2019 rose to 4241.10 millions as compared to 3951.20 millions of corresponding quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 27792.50 27724.60 0.24 27792.50 27724.60 0.24 105883.10 94598.00 11.93 Other Income 164.10 42.00 290.71 164.10 42.00 290.71 385.00 584.10 -34.09 PBIDT 4241.10 3951.20 7.34 4241.10 3951.20 7.34 14498.40 12991.70 11.60 Interest 17.90 11.20 59.82 17.90 11.20 59.82 60.50 52.40 15.46 PBDT 4223.20 3940.00 7.19 4223.20 3940.00 7.19 15520.80 12521.00 23.96 Depreciation 864.20 718.80 20.23 864.20 718.80 20.23 3135.00 2459.40 27.47 PBT 3359.00 3221.20 4.28 3359.00 3221.20 4.28 12385.80 10061.60 23.10 TAX 1116.10 1122.00 -0.53 1116.10 1122.00 -0.53 3945.30 3378.10 16.79 Deferred Tax -53.20 1.80 -3055.56 -53.20 1.80 -3055.56 361.10 -151.50 -338.35 PAT 2242.90 2099.20 6.85 2242.90 2099.20 6.85 8440.50 6683.50 26.29 Equity 850.00 850.00 0.00 850.00 850.00 0.00 850.00 850.00 0.00 PBIDTM(%) 15.26 14.25 7.07 15.26 14.25 7.07 13.69 13.73 -0.30
Shares of Auto Ancillaries edged lower amid Finance Minister announcing customs duty increase on auto partsExide Industries is currently trading at Rs. 205.70, down by 0.75 points or 0.36% from its previous closing of Rs. 206.45 on the BSE. The scrip opened at Rs. 207.90 and has touched a high and low of Rs. 209.90 and Rs. 205.70 respectively. Amara Raja Batteries is currently trading at Rs. 647.95, down by 0.25 points or 0.04% from its previous closing of Rs. 648.20 on the BSE. The scrip opened at Rs. 653.80 and has touched a high and low of Rs. 655.90 and Rs. 642.70 respectively.Sharda Motor Industries is currently trading at Rs. 1301.00, down by 14.00 points or 1.06% from its previous closing of Rs. 1315.00 on the BSE. The scrip opened at Rs. 1320.00 and has touched a high and low of Rs. 1368.75 and Rs. 1301.00 respectively.
The revenue zoomed 5.66% to Rs. 25986.60 millions for the quarter ended March 2019 as compared to Rs. 24594.10 millions during the corresponding quarter last year.A humble growth in net profit of 11.14% reported in the quarter ended March 2019 to Rs. 2106.80 millions from Rs. 1895.60 millions.Operating profit surged to 3898.50 millions from the corresponding previous quarter of 3583.10 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 25986.60 24594.10 5.66 105883.10 94598.00 11.93 105883.10 94598.00 11.93 Other Income 166.00 202.80 -18.15 385.00 584.10 -34.09 385.00 584.10 -34.09 PBIDT 3898.50 3583.10 8.80 14498.40 12991.70 11.60 14498.40 12991.70 11.60 Interest 12.40 6.30 96.83 60.50 52.40 15.46 60.50 52.40 15.46 PBDT 3886.10 3576.80 8.65 15520.80 12521.00 23.96 15520.80 12521.00 23.96 Depreciation 834.80 674.30 23.80 3135.00 2459.40 27.47 3135.00 2459.40 27.47 PBT 3051.30 2902.50 5.13 12385.80 10061.60 23.10 12385.80 10061.60 23.10 TAX 944.50 1006.90 -6.20 3945.30 3378.10 16.79 3945.30 3378.10 16.79 Deferred Tax 163.50 154.40 5.89 361.10 -151.50 -338.35 361.10 -151.50 -338.35 PAT 2106.80 1895.60 11.14 8440.50 6683.50 26.29 8440.50 6683.50 26.29 Equity 850.00 850.00 0.00 850.00 850.00 0.00 850.00 850.00 0.00 PBIDTM(%) 15.00 14.57 2.97 13.69 13.73 -0.30 13.69 13.73 -0.30
The December 2018 quarter revenue stood at Rs. 24968.40 millions, up 9.59% as compared to Rs. 22782.90 millions during the corresponding quarter last year.Net profit showed a marginal rise at Rs. 1550.40 millions for the quarter ended December 2018, as compared to corresponding quarter of last year.OP of the company witnessed a marginal growth to 3205.20 millions from 2936.30 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 24968.40 22782.90 9.59 79896.50 70003.80 14.13 94598.00 85537.40 10.59 Other Income 79.90 110.50 -27.69 238.30 381.30 -37.50 584.10 1038.80 -43.77 PBIDT 3205.20 2936.30 9.16 10599.90 9408.60 12.66 12991.70 11863.60 9.51 Interest 23.10 9.30 148.39 48.10 46.10 4.34 52.40 43.10 21.58 PBDT 3182.10 2927.00 8.72 11634.70 8944.20 30.08 12521.00 11820.50 5.93 Depreciation 813.30 625.40 30.04 2300.20 1785.10 28.86 2459.40 2063.20 19.20 PBT 2368.80 2301.60 2.92 9334.50 7159.10 30.39 10061.60 9757.30 3.12 TAX 818.40 758.90 7.84 3000.80 2371.20 26.55 3378.10 2820.90 19.75 Deferred Tax 69.10 83.70 -17.44 197.60 -305.90 -164.60 -151.50 282.40 -153.65 PAT 1550.40 1542.70 0.50 6333.70 4787.90 32.29 6683.50 6936.40 -3.65 Equity 850.00 850.00 0.00 850.00 850.00 0.00 850.00 850.00 0.00 PBIDTM(%) 12.84 12.89 -0.40 13.27 13.44 -1.29 13.73 13.87 -0.98
The Revenue for the quarter ended September 2018 of Rs. 27203.50 millions grew by 15.35 % from Rs. 23583.70 millions.Profit after tax for the quarter ended September 2018 reported a huge growth of 98.06% to Rs. 2684.10 millions from Rs. 1355.20 millions.OP of the company witnessed a marginal growth to 3443.50 millions from 3097.50 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 27203.50 23583.70 15.35 54928.10 47220.90 16.32 94598.00 85537.40 10.59 Other Income 116.40 138.70 -16.08 158.40 270.80 -41.51 584.10 1038.80 -43.77 PBIDT 3443.50 3097.50 11.17 7394.70 6472.30 14.25 12991.70 11863.60 9.51 Interest 13.80 21.20 -34.91 25.00 36.80 -32.07 52.40 43.10 21.58 PBDT 4512.60 2658.00 69.77 8452.60 6017.20 40.47 12521.00 11820.50 5.93 Depreciation 768.10 596.70 28.72 1486.90 1159.70 28.21 2459.40 2063.20 19.20 PBT 3744.50 2061.30 81.66 6965.70 4857.50 43.40 10061.60 9757.30 3.12 TAX 1060.40 706.10 50.18 2182.40 1612.30 35.36 3378.10 2820.90 19.75 Deferred Tax 126.70 45.20 180.31 128.50 -389.60 -132.98 -151.50 282.40 -153.65 PAT 2684.10 1355.20 98.06 4783.30 3245.20 47.40 6683.50 6936.40 -3.65 Equity 850.00 850.00 0.00 850.00 850.00 0.00 850.00 850.00 0.00 PBIDTM(%) 12.66 13.13 -3.62 13.46 13.71 -1.78 13.73 13.87 -0.98
Exide Industries is currently trading at Rs. 286.30, up by 1.00 points or 0.35% from its previous closing of Rs. 285.30 on the BSE.The scrip opened at Rs. 288.00 and has touched a high and low of Rs. 288.00 and Rs. 284.50 respectively. So far 110434 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 288.00 on 08-Aug-2018 and a 52 week low of Rs. 192.85 on 06-Feb-2018.Last one week high and low of the scrip stood at Rs. 288.00 and Rs. 266.45 respectively. The current market cap of the company is Rs. 24301.50 crore.The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 34.44% and 19.57% respectively.Exide Industries is planning to make its Haldia unit as one of the largest and integrated self-sufficient battery-making centers in South-East Asia, where the company can manufacture everything from recycled lead to finished battery.The company embarked on this mission by laying the foundation stone for two greenfield projects in Haldia, which are likely to entail an investment of close to Rs 550 crore.Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. It is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.
The revenue for the June 2018 quarter is pegged at Rs. 27724.60 millions, about 17.29% up against Rs. 23637.20 millions recorded during the year-ago period.Modest increase of 11.07% in the Net Profit was reported from. 1890.00 millions to Rs. 2099.20 millions.Operating profit surged to 3951.20 millions from the corresponding previous quarter of 3374.80 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 27724.60 23637.20 17.29 27724.60 23637.20 17.29 94598.00 85537.40 10.59 Other Income 42.00 132.10 -68.21 42.00 132.10 -68.21 584.10 1038.80 -43.77 PBIDT 3951.20 3374.80 17.08 3951.20 3374.80 17.08 12991.70 11863.60 9.51 Interest 11.20 15.60 -28.21 11.20 15.60 -28.21 52.40 43.10 21.58 PBDT 3940.00 3359.20 17.29 3940.00 3359.20 17.29 12521.00 11820.50 5.93 Depreciation 718.80 563.00 27.67 718.80 563.00 27.67 2459.40 2063.20 19.20 PBT 3221.20 2796.20 15.20 3221.20 2796.20 15.20 10061.60 9757.30 3.12 TAX 1122.00 906.20 23.81 1122.00 906.20 23.81 3378.10 2820.90 19.75 Deferred Tax 1.80 -434.80 -100.41 1.80 -434.80 -100.41 -151.50 282.40 -153.65 PAT 2099.20 1890.00 11.07 2099.20 1890.00 11.07 6683.50 6936.40 -3.65 Equity 850.00 850.00 0.00 850.00 850.00 0.00 850.00 850.00 0.00 PBIDTM(%) 14.25 14.28 -0.18 14.25 14.28 -0.18 13.73 13.87 -0.98
Exide Industries scrip is currently trading at Rs. 268.85, up by 0.75 points or 0.28% from its previous closing of Rs. 268.10 on the BSE.The scrip opened at Rs. 273.80 and has touched a high and low of Rs. 274.85 and Rs. 267.25 respectively. So far 31424 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 274.85 on 10-Jul-2018 and a 52 week low of Rs. 192.85 on 06-Feb-2018.Last one week high and low of the scrip stood at Rs. 274.85 and Rs. 259.90 respectively. The current market cap of the company is Rs. 22843.75 crore.The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 33.73% and 20.28% respectively.Exide Industries is working on the development of appropriate lithium-ion technology for applications in the country particularly for the emerging demands of electric vehicles (EVs).The company has the licence to use and manufacture battery packs and modules using lithium-ion technology for various applications developed by Centre for Electric Vehicles, IIT Madras and Grinntech Motors and Services. The licence is effective from August 28, 2017 and has validity up to August 27, 2027.Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. It is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.
Exide Industries is currently trading at Rs. 252.00, up by 4.20 points or 1.69% from its previous closing of Rs. 247.80 on the BSE.The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 252.00 and Rs. 247.65 respectively.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 270.40 on 08-May-2018 and a 52 week low of Rs. 192.85 on 06-Feb-2018.Last one week high and low of the scrip stood at Rs. 255.00 and Rs. 246.00 respectively. The current market cap of the company is Rs. 21063.00 crore.The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 33.73% and 20.28% respectively.Exide Industries has signed Joint Venture (JV) agreement with Leclanche SA, a company incorporated under the laws of Switzerland. The JV will undertake business in the territory of India for manufacturing, assembly, trade, sale and distribution of lithium ion batteries, module making and associated systems.The JV to also undertake business for contract manufacturing/ sourcing of modules for third parties in the Territory on a case to case basis for strategic reasons as may be agreed between the Parties.Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. It is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.
Exide Industries is currently trading at Rs. 252.80, up by 1.60 points or 0.64% from its previous closing of Rs. 251.20 on the BSE.The scrip opened at Rs. 251.00 and has touched a high and low of Rs. 253.45 and Rs. 249.50 respectively. So far 13571 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 270.40 on 08-May-2018 and a 52 week low of Rs. 192.85 on 06-Feb-2018.Last one week high and low of the scrip stood at Rs. 260.00 and Rs. 248.00 respectively. The current market cap of the company is Rs. 21475.25 crore.The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 33.73% and 20.28% respectively.Exide Industries has entered into an `Asset Purchase Agreement` with Tudor India towards acquisition of its immovable assets (admeasuring 64,470 sq. mts.) and movable assets of its factory situated at Kamalpur, Taluka Prantij, District Sabarkantha in Gujarat. The said transaction is expected to complete within a month.Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. It is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.
Exide Industries is currently trading at Rs. 266.70, up by 4.55 points or 1.74% from its previous closing of Rs. 262.15 on the BSE.The scrip opened at Rs. 262.00 and has touched a high and low of Rs. 270.40 and Rs. 256.80 respectively. So far 865836 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 268.50 on 07-May-2018 and a 52 week low of Rs. 192.85 on 06-Feb-2018.Last one week high and low of the scrip stood at Rs. 270.40 and Rs. 242.45 respectively. The current market cap of the company is Rs. 22652.50 crore.The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 33.73% and 20.28% respectively.Exide Industries has reported a rise of 15.40% in its net profit at Rs 189.56 crore for the quarter ended March 31, 2018 as compared to Rs 164.26 crore for the same quarter in the previous year. The total income of the company has increased by 10.94% at Rs 2,479.69 crore for quarter under review as compared to Rs 2,235.21 crore for the quarter ended March 31, 2017.For the year ended March 31, 2018, the company has posted a marginal fall of 3.65% in its net profit at Rs 668.35 crore as compared to 693.64 crore for the same period in the previous year. However, total income of the company increased by 9.94% at Rs 9,518.21 crore for year under review as compared to Rs 8,657.62 crore for the period ended March 31, 2017.