Exide Industries Q4 net falls 10% to ₹254.60 crore

Storage battery major Exide Industries on Wednesday reported around 10 per cent year-on-year decline in its standalone net profit to ₹254.60 crore in Q4 FY25, as its margin was impacted due to high raw material prices during the period. The Kolkata-based company had posted a net profit of ₹283.75 crore during the year-ago period.

During the period under review, the company’s revenue from operations grew 3.74 per cent to ₹4,159.42 crore (₹4,009.39 crore).

“EBITDA margin moderated to 11.2 per cent during the quarter impacted by high raw material prices. Prices of raw materials such as antimony have significantly increased in the last six months, thereby impacting margins on a sequential basis. Despite this, EBITDA has increased 4 per cent on a quarterly basis,” Exide Industries said in a statement.

The company’s total expenses during Q4 FY25 rose 5.55 per cent to ₹3,832.48 crore (₹3,630.88 crore).

“Financial year 2024-25 was characterised by tough macroeconomic conditions, resulting in lower capex and investments across sectors. In this environment, our focus remained on delivering stable performance along with maintaining strong balance sheet and positive cash flow generation profile, thereby establishing our resilience and ability to navigate business challenges,” said MD and CEO, Avik Roy.

“During the year, while the overall sales increased marginally, we maintained double-digit growth momentum in auto replacement, industrial UPS and solar verticals. However, auto OEMs and industrial verticals were impacted by lower demand. In the international business, we entered newer geographies to increase global presence and market share,” Roy added.

Published on April 30, 2025