Amara Raja Energy & Mobility Limited (ARE&M), formerly known as Amara Raja Batteries Limited, has announced a significant financial performance for Q1 of FY25. The company reported a profit before tax of ₹328.66 crore, marking a 23% increase over the same period last year. The Earnings Per Share (EPS) for Q1 FY25 stands at ₹13.36.
Financial Highlights:
- Revenue from Operations: ₹3,131.19 crore (Q1 FY25) vs. ₹2,770.70 crore (Q1 FY24)
- Profit Before Tax: ₹328.66 crore (Q1 FY25) vs. ₹266.24 crore (Q1 FY24)
The robust revenue growth was driven by strong performance across automotive after-market, OEMs, and export markets.
Executive Insights: Mr. Harshavardhana Gourineni, Executive Director, Automotive & Industrial Batteries, attributed the revenue and profit growth to the strong international demand, especially for their AGM batteries. He emphasized the company’s focus on expanding its product range and global presence.
Mr. Vikramadithya Gourineni, Executive Director, New Energy Business, highlighted the growth in the chargers and battery packs segment, and successful partnerships with GIB and Highstar for cell technology. He noted the progress in constructing their cell manufacturing and advanced energy research center.
Mr. Jayadev Galla, Chairman & Managing Director of ARE&M, expressed confidence in the company’s future, citing the rapid advancements in Li-ion initiatives and the expansion of their advanced lead acid battery portfolio.
Amara Raja’s strong financial performance in Q1 FY25 underscores its commitment to innovation and customer trust in product quality and reliability. The company continues to strengthen its position in the energy and mobility sector, promising sustained growth and expansion.
