Amara Raja Batteries - Q2 EBITDA-Beat on Price Hikes, Lower Commodity Prices
Revenue increased by 19% (3-yr CAGR: 17%) to Rs27bn, standing at a 5% beat due to higher than estimated growth in the auto segment.
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Strong revenue outperformance leads to overall beat
AMRJ's 1QFY22 performance was led by strong revenue growth across segments. Drivers for demand are in place, but rising RM prices (lead, plastic,...
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New Energy and LAB exports to be the key growth drivers
Amara Raja's senior management team presented (click here for the presentation) their new strategic initiative, laying down future growth drivers...
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Amara Raja Batteries Ltd
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Amara Raja Batteries Ltd
The domestic lead acid battery space is set to witness substantial disruption in coming years as India increasingly encourages green mobility....
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