Net revenue from operations stood at Rs 2,103 crore as against Rs 1,581 crore in the fourth quarter of 2019-20
Amara Raja Batteries, the country's second-largest automotive battery maker, has opened the country's maiden technology hub to develop lithium-ion cells
Given cost pressures and high stock valuation, the stock could see pressure even after Monday's 6% correction
Pick-up in industrial consumption, relatively benign lead prices point to improved earnings prospects
The company registered a 35 per cent year-on-year growth in inverters and 40 per cent growth in 2W batteries,
All that happened in the markets today
Amara Raja Batteries Ltd on Friday reported a 56 per cent decline in consolidated profit after tax at Rs 62.49 crore in the first quarter ended June 30 impacted adversely by the coronavirus pandemic.
Brookfield was re-evaluating its investment plans in the Indian batteries market due to "technological uncertainties".
The company recently signed a technology collaboration agreement with long-time partner Johnson Controls to introduce advanced battery technologies to India
Market leader has done better on revenue front, margins
Total income during the quarter under review stood at Rs 15.70 billion
ARBL has been among the preferred vendors in a wide spectrum of companies - from infrastructure and power to railways and telecom, among others
The company manufactures led-acid batteries for both industrial and automotive applications
Firm earns 60% of its revenues from automotive segment; the remainder comes from its other vertical- industrial sector
As compared with Rs 136.32 cr in the corresponding quarter of previous fiscal year