Amara Raja Batteries : Q1FY18 Result
DSIJ Intelligence / 07 Aug 2017
Amara Raja Batteries Ltd reported its results for the quarter ended June 30, 2017 today. The company's total sales for Q1FY18 came in at Rs 1671.28 crore, which represents a 10.5 per cent sequential increase and 14.8 per cent YoY increase.
Amara Raja Batteries Ltd reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 1671.28 crore, which represents a 10.5 per cent sequential increase and 14.8 per cent YoY increase.
Its EBITDA for the quarter increased by 5.5% QoQ to Rs. 247.25 crore and its EBITDA margin stood at 14.8 per cent.
The company reported PAT of Rs 99.85 crore, which represents a sequential QoQ increase of 0.67% but a YoY decline of 23.6%.
Amara Raja Batteries is a manufacturer of lead acid storage batteries for industrial and automotive applications in India. Its products are supplied to various user segments, such as telecom, railways, power control, solar and uninterruptible power supply (UPS) under industrial battery business and to automobile OEMs etc.
The company's stock opened today at Rs 808.95 on the BSE and closed at Rs. 822.55, after touching an intra-day high of Rs. 835.
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