Exide Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Exide Industries Ltd reported a 13.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.1%.
• Its expenses for the quarter were up by 11.3% QoQ and 4.9% YoY.
• The net profit increased 47.9% QoQ and increased 24.4% YoY.
• The earnings per share (EPS) of Exide Industries Ltd stood at 3.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Exide Industries Ltd is a prominent player in the automotive and industrial battery manufacturing sector in India. The company is known for producing a wide range of lead-acid storage batteries, which are utilized across various applications including automotive, industrial, and submarine sectors. Exide Industries has a significant market presence and is recognized for its extensive distribution network and technological advancements in battery manufacturing. The company has been investing in research and development to cater to the growing demand for energy storage solutions and to maintain its leadership position in the industry. As of the latest reports, Exide Industries continues to focus on expanding its product portfolio and improving operational efficiencies.

Revenue

In Q1FY26, Exide Industries Ltd reported a total income of ₹4722.69 crores, marking a 13.0% increase from ₹4177.96 crores in Q4FY25. This sequential growth highlights a notable rise in revenue, reflecting possible improvements in sales volumes or pricing strategies. Compared to the same quarter last year (Q1FY25), where total income was ₹4452.04 crores, there is a year-over-year increase of 6.1%, indicating consistent revenue growth over the past year. These figures suggest a positive trajectory in the company's revenue generation capabilities, possibly driven by increased demand or market expansion efforts.

Profitability

Exide Industries Ltd's profitability metrics for Q1FY26 reflect a strong performance. The company achieved a profit before tax of ₹384.57 crores, which is a significant increase of 37.1% from the previous quarter's ₹280.44 crores. On a year-over-year basis, this represents a 21.7% increase from Q1FY25's profit before tax of ₹315.95 crores. After accounting for tax expenses, the profit after tax for Q1FY26 stood at ₹274.58 crores, up 47.9% from Q4FY25's ₹185.70 crores, and 24.4% higher than Q1FY25's ₹220.75 crores. Earnings per share (EPS) for Q1FY26 was ₹3.20, compared to ₹2.20 in Q4FY25 and ₹2.60 in Q1FY25, showing a growth of 45.5% quarter-over-quarter and 23.1% year-over-year.

Operating Metrics

The total expenses for Exide Industries Ltd in Q1FY26 were reported at ₹4338.12 crores, which is an 11.3% increase from Q4FY25's ₹3897.52 crores. Compared to Q1FY25, where total expenses were ₹4136.09 crores, there is a 4.9% rise. This increase in expenses aligns with the rise in total income, suggesting potential scaling in operations. The tax expense for Q1FY26 was ₹110.33 crores, marking an increase of 16.2% from the previous quarter's ₹94.92 crores and a 15.8% increase from the same quarter last year's ₹95.30 crores. These financial metrics, including the tax expenses and overall operational costs, provide insights into the company's operational scale and financial planning for the period under review.