Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major today reported net sales (excluding other income) of Rs 1060 crore in Q3 FY15 (Rs.860 crore) – a 23 % growth.
For the quarter ended December 31, 2014:
| Rs. in crore | |||
| Particulars | Unaudited financials for the quarter ended | Audited financials for the year ended | |
| December 31, 2014 | December 31 , 2013 | March 31, 2014 | |
| Net Sales (excluding other income) | 1,060 | 860 | 3,437 |
| Profit Before Tax (PBT) | 156 | 142 | 537 |
| Profit After Tax (PAT) | 102 | 95 | 367 |
The Automotive battery business continued to maintain its growth trend in four-wheeler batteries backed by improved sales in aftermarket segment in both brands Amaron and PowerZone.
The Industrial Battery business registered double digit revenue growth aided by optimal product mix and strong demand for the company’s products.
Commenting on the Q3 performance, Mr. Jay Galla, Vice Chairman & Managing Director, Amara Raja Batteries Limited said, “We are delighted to report the continuing growth momentum of the Company that is reflected by the growth in revenues and profit. The green field expansion project of four-wheeler automotive batteries facility is nearing completion and the project for addition of two lines for expanding two-wheeler batteries capacity and tubular batteries are progressing as per plan.