Amara Raja Shares Tumbled Over 2%: Announced Q2 FY25 Results

Amara Raja Energy & Mobility Limited (ARE&M), a leading provider of comprehensive solutions in the Energy & Mobility domain, today announced its financial results for the second quarter of fiscal year 2025 (Q2 FY25). The company reported a robust performance, with a profit before tax of ₹323.97 crore, marking a 4.9% year-on-year growth over Q2 FY24. This strong financial performance translates to an Earnings Per Share (EPS) of ₹13.15 for the quarter.

Growth Driver of Q2 FY25 Performance

A key driver of this growth was the significant increase in sales volumes across both the automotive aftermarket and export markets. This positive trend underscores ARE&M’s strong market position and its ability to capitalise on emerging opportunities in these segments.

Key Managerial Statements

Mr. Harshavardhana Gourineni, Executive Director, Automotive & Industrial says, “The revenue and profit numbers showcase our consistent performance across verticals. We have witnessed good traction from the new geographies that we expanded in the last quarter, and it was spearheaded by our new range of indigenously designed AGM batteries. We are looking at growing bigger in the coming months and will continue to build our product range, cater to newer segments, and strengthen our global presence.” 

Executive Director, New Energy Business, Mr. Vikramadithya Gourineni said “We have strengthened our customer alliances in the last quarter, and it gives us confidence on the steps we have taken so far. We are on track with the construction of the new cell manufacturing plant along with expanding our battery pack facility that we inaugurated recently.”

Speaking about the results Mr Jayadev Galla, Chairman & Managing Director of ARE&M said, “Our business across segments has performed considerably well. We have witnessed significant growth in revenue and profits quarter on quarter, a direct testament of our customer’s trust in the quality and reliability of our products and services. We are taking rapid strides in the Li-ion battery and chargers segment, and have made new additions to our advanced lead acid battery portfolio as well, thus promising a growth-oriented future.”

On November 05, 2024, Amara Raja Energy & Mobility shares opened at ₹1,370 and touched the day low of ₹1,338.80 at 09:30 AM.

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