New Delhi: Energy and mobility leader Amara Raja Energy & Mobility Ltd (ARE&M) on Saturday reported revenue of Rs 3,164.02 crore for the third quarter of the current financial year (FY25), up 27% over the same period last year at Rs 422.16 crore.
The company’s earnings per share (EPS) grew 23% year-on-year on revenue of Rs 17.04. However, operating margins were impacted due to higher power expenses as a result of fuel and power purchase cost adjustments (FPPCA) approved by the Andhra Pradesh Electricity Regulatory Commission.
Amara Raja’s automotive and industrial battery businesses have performed strongly, particularly in the aftermarket and UPS segments. The company has expanded its presence in the European markets, introducing its flagship Amaron brand in seven new countries.
“Our Q3 results demonstrate the strength of our core business and our ability to consistently deliver value to our customers,” said Harshavardhan Gourineni, executive director (automotive and industrial). “We are seeing strong demand across both the automotive and industrial segments.”
