Amara Raja Energy & Mobility Ltd (ARE&M) opened FY27 on a strong footing, reporting a 21% year-on-year jump in revenue to Rs 4,041 crore for the quarter ended June 30, 2026, compared with Rs 3,350 crore in the year-ago period.
Profit before exceptional items and tax stood at Rs 272 crore in Q1 FY27, up from Rs 261 crore a year earlier and Rs 252 crore in the preceding quarter.
The company said growth was broad-based across its key businesses, with its automotive domestic business, home energy and industrial battery segments delivering strong performances.
“We have begun FY27 on a strong note, with broad-based growth across all segments. The Automotive domestic business revenue grew over 20% year-on-year on the back of healthy OEM demand and double-digit growth in the aftermarket. Home Energy grew over 30% year-on-year, supported by a strong summer season, while the Industrial Battery business sustained momentum with UPS segment recording double digit revenue growth.
"Our international business continued to face headwinds from geopolitical uncertainty and shifting global trade dynamics, and we are actively recalibrating our market and channel mix to build a more resilient export franchise," said Harshavardhana Gourineni, Executive Director- Automotive and Industrial.
The company’s new energy business also posted strong volume growth, led by the stationary storage segment. ARE&M said it is expanding its capabilities across the new energy value chain, from advanced cells and battery packs to chargers, power conversion technologies and energy storage systems.
“Strong growth in the stationary storage segment drove our volume performance during the quarter. We are steadily transforming into a fully integrated new energy company, with capabilities now spanning the entire value chain-from advanced cells and battery packs to chargers, power conversion technologies and energy storage systems; creating a strong platform for long-term growth," said Vikramadithya Gourineni, Executive Director - New Energy Business.
Chairman and Managing Director Jayadev Galla said the company’s diversified portfolio and operating model had helped it maintain momentum amid a rapidly changing energy landscape.
“Our Q1 performance demonstrates the strength of our diversified business portfolio and the resilience of our operating model. As India accelerates its transition towards a more energy-secure and self-reliant future, we continue to invest with conviction in technologies and capabilities that will define the next phase of growth.
"The commissioning of our Customer Qualification Plant and the steady progress of our Battery Energy Storage Systems facility and Giga Factory reinforce our commitment to building a globally competitive energy and mobility enterprise while creating sustained value for all our stakeholders."
ARE&M’s Q1 performance comes as the company continues to scale up investments in new energy technologies, battery storage and manufacturing capabilities, positioning itself for growth as demand for energy-storage and mobility solutions accelerates.
