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.
Tags : amara raja batteries tata motors auto components auto component maker Amaron batteries battery manufacturing
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