Amara Raja Batteries Q4 profit jumps on strong auto, 5G demand


Consolidated net profit after tax rose to 1.39 billion rupees (USD 17.00 million) in the quarter, compared with 988.5 million rupees a year ago, the Tirupati, Andhra Pradesh-based company said in an exchange filing. Amara Raja, which caters to automotive and industrial demand for power storage, manufactures lead-acid batteries, with Maruti Suzuki, Tata Motors and Bajaj Auto among its clients.

Read more at : economictimes

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.