Exide Industries Ltd.’s standalone internet revenue slipped 10% in the course of the quarter ended March 31, 2025.
The corporate recorded a internet revenue of Rs 254.60 crore for the fourth quarter of fiscal 2025, as in comparison with Rs 283.75 crore for a similar interval final yr.
The battery producer’s income rose to Rs 4,159.42 crore, denoting a 3.7% rise for the January-March interval from Rs 4,009.39 crore for the yr in the past interval.
Exide Industries Ltd. This autumn FY25 Outcomes (Standalone YoY)
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Income up 3.7% to Rs 4,159.42 crore versus Rs 4,009.39 crore.
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Internet revenue down 10% to Rs 254.60 crore versus Rs 283.75 crore.
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Ebitda down 10% to Rs 466.69 crore versus Rs 516.15 crore.
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Margin at 11.2% versus 12.9%.
Dividend
The board of Exide Industries advisable a dividend of Rs 2 per share at a face worth of Rs 1 every for the monetary yr ended March 31, 2025.
Th proposed dividend is topic to the approval from the shareholders within the annual common assembly and shall be paid to them inside 30 days after the conclusion of the assembly.
Change Of Administration
Exide Industries appointed Sridhar Gorthi because the impartial director and the chairman of the corporate with impact from April 30, 2025.
He serves as a present board member, contributing in depth management experience and a stable basis in company governance and authorized compliance.
The corporate has additionally appointed Manoj Kumar Agarwal as the extra director together with whole-time director, designated as director-finance and chief govt officer for a interval of three years efficient from Might 1, 2025.
Shares of Exide Industries closed 4.92% decrease at Rs 351.75 apiece on the NSE, in comparison with a 0.01% fall within the benchmark Nifty 50. The inventory has fallen by 25.54% within the final 12 months and 15.56% on a year-to-date foundation.
Out of 20 analysts monitoring the corporate, 9 have ‘purchase’ score on the inventory, six advocate ‘maintain’ and 5 counsel ‘promote’, in keeping with Bloomberg information. The common of 12-month analysts’ worth goal implies a possible upside of 16.2%.
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