Exide Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Exide Industries Ltd reported a 6.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.6%.
• Its expenses for the quarter were down by 4.0% QoQ and up 0.2% YoY.
• The net profit decreased 36.8% QoQ and decreased 25.6% YoY.
• The earnings per share (EPS) of Exide Industries Ltd stood at 2.02 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 primarily produces a wide range of lead-acid storage batteries, catering to both the automotive and industrial segments. Exide Industries has established a significant market presence with its diverse product offerings, which include automotive batteries, industrial batteries, and inverter batteries. The company is known for its extensive distribution network and after-sales service infrastructure. While specific recent developments are not highlighted in the provided data, Exide Industries has a history of investing in technology upgrades and expanding its production capacity to meet growing demand.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Exide Industries Ltd reported a total income of ₹4418.17 crores. This represents a decrease of 6.4% compared to the previous quarter (Q1FY26), where the total income was ₹4722.69 crores. On a year-over-year basis, the total income saw a slight decline of 1.6% from ₹4490.25 crores in Q2FY25. The decrease in revenue on both a quarterly and yearly basis indicates a challenging period for the company in terms of income generation.

Profitability

During Q2FY26, Exide Industries Ltd's profit before tax stood at ₹253.24 crores, reflecting a significant decline of 34.1% from ₹384.57 crores in Q1FY26. The profit before tax also dropped by 23.9% year-over-year, down from ₹332.62 crores in Q2FY25. The tax expense for the quarter was ₹79.69 crores, which decreased by 27.8% quarter-over-quarter and 19.5% year-over-year. Consequently, the profit after tax was ₹173.64 crores, marking a 36.8% decline from the previous quarter and a 25.6% decrease from the same quarter last year. Earnings per share were ₹2.02, down from ₹3.21 in Q1FY26 and ₹2.72 in Q2FY25, reflecting a 37.1% quarterly drop and a 25.7% yearly decline.

Operating Metrics

Exide Industries Ltd's total expenses in Q2FY26 amounted to ₹4164.93 crores, a decrease of 4.0% from ₹4338.12 crores in Q1FY26. Compared to the same quarter in the previous fiscal year (Q2FY25), total expenses increased marginally by 0.2% from ₹4157.63 crores. The financial data indicates a reduction in both income and expenses on a quarterly basis, with a marginal year-over-year increase in expenses. These figures highlight the company's cost management efforts amid a period of reduced profitability.