Amara Raja Energy & Mobility Limited (ARE&M), formerly known as Amara Raja Batteries Limited, has announced a robust performance for the first quarter of FY25. The company reported a profit before tax of ₹328.66 crore, marking a 23% increase compared to ₹266.24 crore in the same period last year. The Earnings Per Share (EPS) for Q1 FY25 stands at ₹13.36.
Standalone Financial Performance 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 revenue growth has been attributed to strong year-on-year performance across the automotive after-market, OEMs, and export markets.
Mr. Harshavardhana Gourineni, Executive Director of Automotive & Industrial Batteries, stated, “Our revenue and profit numbers reflect our ongoing growth trajectory. The last quarter saw notable traction from our international operations, particularly driven by the uptake of our indigenously designed AGM batteries. We are optimistic about expanding this segment and will continue to enhance our product range and global presence.”
Mr. Vikramadithya Gourineni, Executive Director of New Energy Business, added, “We have observed solid growth in our chargers and battery packs business. Our successful partnerships with GIB and Highstar for cell technology and commercialization are promising. The first phase of our cell manufacturing and advanced energy research and innovation centre is progressing as planned.”
Chairman & Managing Director Mr. Jayadev Galla concluded, “Our quarter-on-quarter revenue and profit growth is a testament to our product quality and reliability. The momentum in our Li-ion initiatives and the expansion of our advanced lead-acid battery portfolio indicate a strong future ahead for ARE&M.”
