Storage battery main Exide Industries on Friday reported a 5.19 per cent year-on-year improve in its standalone net revenue to Rs 257.70 crore for the third quarter this fiscal because it witnessed a 4.7 per cent y-o-y rise in its revenue buoyed by robust progress in alternative and auto OEM market.
The corporate’s net revenue stood at Rs 244.99 crore for the third quarter final fiscal.
Revenue from operations throughout Q3FY26 rose to ₹4029.71 crore from ₹3848.63 crore for the corresponding interval of FY25, the corporate stated in a inventory alternate submitting. Complete bills witnessed a 4.49 per cent y-o-y improve at ₹3695.58 crore throughout the interval underneath evaluate from ₹3536.47 crore within the year-ago interval.
Ebitda grew 4.68 per cent y-o-y at ₹470 crore. “GST 2.0 reforms which grew to become efficient in the direction of the top of second quarter, offered a serious enhance for the battery trade. The automotive trade manufacturing quantity progress throughout segments have been within the mid to excessive teenagers vary, on a y-o-y foundation,” the corporate stated.
General, the home enterprise progress (excluding Telecom) throughout the third quarter was 10 per cent. Export enterprise continued to be considerably impacted in sure markets amid tariff linked challenges.
Auto OEM enterprise for the corporate grew greater than 25 per cent y-o-y, resulting in elevated market share throughout a number of segments. General, 92 per cent of the enterprise grew by over 12 per cent, whereas the remainder 8 per cent of the enterprise declined by 38 per cent. “Regardless of strain on uncooked materials costs, the corporate was in a position to keep (YOY) the Ebitda margin of 11.7 per cent for Q3FY26 buoyed by robust quantity progress and improved product combine and realization. On a quarter-on-quarter foundation, the Ebitda margin improved by 221 foundation factors.
Commenting on the efficiency, Avik Roy, MD & CEO, stated Q3FY26 revenues confirmed a powerful restoration publish slowdown in Q2. GST 2.0 resulted in general progress within the automotive sector which Exide capitalised on.
“Macroeconomic situations in India proceed to be beneficial with low inflation, decrease revenue tax charges, decrease repo charges and optimistic client sentiment. Nevertheless, metals akin to Silver, Copper, Sulphur and Tin are at or close to all-time excessive charges, contributing to elevated price pressures. Rupee depreciation is additional creating challenges on the price aspect. On this setting, the corporate’s precedence has been on managing worthwhile progress and specializing in preserving money,” Roy added.
Printed on January 30, 2026
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