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Business Standard
5 days ago
- Business
- Business Standard
This battery manufacturer's shares dropped 5% today; check key details here
Amara Raja share price: Battery manufacturer Amara Raja Energy & Mobility (Amara Raja) share price struggled in Friday's trade, with the scrip dropping as much as 5.43 per cent to an intraday low of ₹1,030 apiece. At 12:20 PM, Amara Raja shares continued to remain under pressure, down 4.80 per cent lower at ₹1,036.90. In comparison, BSE Sensex was trading 0.35 per cent lower at 81,348.21 levels. What led to the drop in the Amara Raja share price today? Amara Raja shares came under pressure today after the company reported a weak performance in the March quarter of financial year 2025 (Q4FY25). Ebitda margin squeezed 270 basis points (bps) to 11.4 per cent in Q4FY25, from 14.1 per cent in Q4FY24. 'The margins are adversely impacted due to a surge in alloy prices and power cost due to regulatory changes in solar power settlements and fuel surcharges,' the company explained, in a statement. Jayadev Galla, chairman and managing director, however, said, 'Amara Raja continues to record consistent growth across product segments. While the Lead Acid Business continues to deliver strong results, we are seeing good traction in allied businesses as well. The New Energy Business witnessed groundbreaking of Giga Factory this year and continues to grow as per our projections. In another few quarters we will have the R&D facility and Customer Qualification Plant (CQP) operational which will add to our capabilities. The teams are committed to deliver excellence even as the global economic scenario continues to remain uncertain.' Amara Raja dividend Amara Raja board of directors has recommended a final dividend of ₹5.20 per equity share (representing 520 per cent) of ₹1 each fully paid up for the financial year 2024-25 (FY25), subject to approval of the shareholders at the 40th Annual General Meeting of the Company. The dividend will be paid within 30 days from the date of declaration of final dividend by the shareholders at the 40th Annual General Meeting, the company revealed, in a statement. 'The above final dividend is in addition to the interim dividend of ₹5.30 per equity share (representing 530 per cent) declared by the board on November 4, 2024,' Amara Raja highlighted. About Amara Raja Amara Raja Energy & Mobility offers a comprehensive portfolio of energy solutions, including energy storage systems, lithium-ion cell manufacturing, EV chargers, Li-ion battery pack assembly, and a wide array of automotive and industrial lubricants. The company is also actively engaged in the exploration of emerging battery chemistries. As one of India's largest manufacturers of energy storage products, Amara Raja serves both industrial and automotive sectors. It is a key supplier to major telecom service providers, telecom equipment manufacturers, the UPS sector (OEM and replacement), Indian Railways, and the Power, Oil & Gas industries. Its prominent industrial battery brands include PowerStack, AmaronVolt, and Quanta. In the automotive segment, the company produces India's leading battery brands Amaron and Powerzone, supported by an extensive pan-India sales and service network. The company holds original equipment (OE) supply relationships with major automobile manufacturers such as Ashok Leyland, Ford India, Honda, Hyundai, Mahindra & Mahindra, Maruti Suzuki, and Tata Motors. Additionally, Amara Raja exports its industrial and automotive batteries to more than 50 countries worldwide, reinforcing its global presence and reputation for quality and reliability. The market capitalisation of Amara Raja is ₹18,961.4 crore, BSE Data showed. The company falls under the BSE 500 index category
Business Standard
5 days ago
- Business
- Business Standard
Amara Raja slips after Q4 PAT slides 27% YoY to Rs 167 cr
Amara Raja Energy & Mobility fell 4.62% to Rs 1,042.75 after the company's standalone net profit declined 26.85% to Rs 166.81 crore, while revenue from operations rose 6.33% to Rs 2,973.85 crore in Q4 March 2025 over Q4 March 2024. Profit before tax (PBT) stood at Rs 224.36 crore in Q4 FY25, registering a decline of 26.52% year-on-year and 46.85% quarter-on-quarter. Total expenses rose 10.98% to Rs 2,796.51 crore in Q4 FY25 over Q4 FY24. During the quarter, the cost of materials consumed stood at Rs 1,624.21 crore (up 9.96% YoY), while employee benefits expense was at Rs 180.08 crore (up 10.55% YoY). The company's net profit slipped 46.51%, while net sales fell 6.01% in Q4 March 2025 over Q3 December 2024. For the full year FY25, revenue from operations advanced 10.16% to Rs 12,404.89 crore, while net profit jumped 6.41% to Rs 963.90 crore. Harshavardhana Gourineni, executive director of automotive and industrial, said, Amara Raja Energy and Mobility continues to deliver consistent and responsible growth. In FY25, we witnessed strong performance across all product categories in the automotive segment, with volumes showing a healthy increase. While the telecom segment experienced a decline, this was effectively offset by robust growth in the UPS business within the industrial segment. These efforts will strengthen our competitive position and support our journey toward sustained market leadership. Vikramadithya Gourineni, executive director of new energy business, said, The new energy business continues to maintain strong momentum with a strong focus on infrastructure rollout. This year we have commenced the construction of Giga Factory-1 at our industrial park in Telangana, while the Customer Qualification Plant (CQP) and R&D facility are fast nearing completion. Our pack and charger installations continue delivering us real-world feedback, which has helped us in improving our ability to cater to unique customer needs. Jayadev Galla, chairman and managing director, said, Amara Raja continues to record consistent growth across product segments. While the lead acid business continues to deliver strong results, we are seeing good traction in allied businesses as well. The New Energy Business witnessed the groundbreaking of Giga Factory this year and continues to grow as per our projections. In another few quarters we will have the R&D facility and Customer Qualification Plant (CQP) operational, which will add to our capabilities. The teams are committed to delivering excellence even as the global economic scenario continues to remain uncertain. Meanwhile, the company declared a final dividend of Rs 5.20 per share, taking the total dividend for the year to Rs 10.50. The record date for the final dividend is set as 1 August 2025. Amara Raja Energy & Mobility (formerly known as Amara Raja Batteries) is an energy & mobility enterprise and one of the largest manufacturers of energy storage products for both industrial and automotive applications in the Indian battery industry.
United News of India
5 days ago
- Automotive
- United News of India
Amara Raja Energy & Mobility's Q4 PBT down to Rs 224 crore
Hyderabad/Tirupati, May 29 (UNI) Amara Raja Energy and Mobility Limited (ARE&M), a comprehensive solutions provider in the Energy & Mobility space, on Thursday reported a lowering in its profit before tax (PBT) to Rs 224 crore for the fourth quarter ended March 31,2024, compared with Rs 305 crore in the corresponding quarter of the previous financial year. The company's revenue from operations during the quarter increased to Rs 2,974 crore against Rs 2,797 crore in the same period in the previous year. For the full year FY25, Profit before Tax slightly increased to Rs 1,299 crore, compared to Rs 1,211 crore while revenue from operation stood at Rs 12,405 crore as against Rs 11,260 crore in FY24, the company said in a release here. The Earnings per Share (EPS) for FY25 was at Rs. 52.66. The company recorded an impressive revenue growth in the last FY, on the back of strong volume growth in both automotive and UPS Applications. The margins are adversely impacted due to surge in alloy prices and power cost due to regulatory changes in solar power settlements and fuel surcharges. Speaking on the results, Harshavardhana Gourineni, Executive Director- Automotive and Industrial, said, 'In FY25, we witnessed strong performance across all product categories in the automotive segment, with volumes showing a healthy increase. While the telecom segment experienced a decline, this was effectively offset by robust growth in the UPS business within the industrial segment". Vikramadithya Gourineni, Executive Director - New Energy Business informed, 'This year we have commenced the construction of Giga Factory-1 at our industrial park in Telangana, while the Customer Qualification Plant (CQP) and R&D facility are fast nearing completion'. Jayadev Galla, Chairman and Managing Director said, 'The New Energy Business witnessed groundbreaking of Giga Factory this year and continues to grow as per our projections. In another few quarters we will have the R&D facility and Customer Qualification Plant (CQP) operational which will add to our capabilities. The teams are committed to deliver excellence even as the global economic scenario continues to remain uncertain.' UNI KNR RN
