Exide Industries Q1 Profit Jumps 27.1% to ₹407 Crore

Exide Industries announced its first-quarter financial results for fiscal year 2027, reporting a net profit of ₹407 crore, a 27.1 per cent increase compared to ₹320 crore in the corresponding quarter of the previous year.

The company's revenue from operations rose 17.6 per cent to ₹5,305 crore for the quarter ended June 30, 2026, against ₹4,510 crore in the year-ago period.

The total income for the quarter stood at ₹5,319.09 crore, up from ₹4,565.30 crore in the same period last year. Total expenses increased to ₹4,775.77 crore from ₹4,144.89 crore.

Earnings per share (EPS) for the quarter was ₹4.79, an increase from ₹3.77 in the year-ago period.

On a standalone basis, profit after tax was ₹407.26 crore for the quarter ended June 30, 2026. This represents a growth from ₹312.44 crore reported for the quarter ended June 30, 2025.

Standalone revenue from operations was ₹5,305.05 crore for the quarter, an increase from ₹4,509.81 crore in the year-ago period.

The company's management stated that they entered fiscal year 2027 with confidence, building on strong momentum. Continued benefits from GST rationalisation are expected to drive demand, with the replacement market remaining robust.

Exide Industries is a leading manufacturer of lead-acid batteries and other storage products. The company's strong Q1 results are a testament to its growing market share and increasing demand for its products.

The Indian battery market is expected to grow significantly in the coming years, driven by increasing demand for electric vehicles and renewable energy storage. Exide Industries is well-positioned to capitalize on this growth, with its strong brand presence and wide distribution network.

The company's focus on innovation and quality has enabled it to maintain its market leadership position. Its commitment to sustainability and environmental responsibility has also earned it a reputation as a responsible corporate citizen.

In conclusion, Exide Industries' strong Q1 results are a positive indicator of the company's future prospects. With its growing market share, increasing demand for its products, and commitment to sustainability, the company is well-positioned for long-term success.