Amara Raja Energy & Mobility Limited (ARE&M), a comprehensive solutions provider in the energy & mobility space reported profit before tax of Rs. 323.97 crore for Q2 of FY25 registering a growth rate of 4.9% over Q2 of FY24 whereas revenue increased by 11.6% to reach Rs. 3,135.83 crore. The Earnings Per Share (EPS) for Q2 of FY25 is at Rs. 13.15.

The revenue growth was aided by year-on-year healthy volumes registered in the automotive after-market and export markets.

Harshavardhana Gourineni, Executive Director, Automotive & Industrial says, “The revenue and profit numbers showcase our consistent performance across verticals. We have witnessed good traction from the new geographies that we expanded in the last quarter, and it was spearheaded by our new range of indigenously designed AGM batteries. We are looking at growing bigger in the coming months and will continue to build our product range, cater to newer segments, and strengthen our global presence.”

“We have strengthened our customer alliances in the last quarter, and it gives us confidence in the steps we have taken so far. We are on track with the construction of the new cell manufacturing plant along with expanding our battery pack facility that we inaugurated recently," says Executive Director, New Energy Business, Vikramadithya Gourineni.

Speaking about the results Jayadev Galla, Chairman & Managing Director, ARE&M said, “Our business across segments has performed considerably well. We have witnessed significant growth in revenue and profits quarter on quarter, a direct testament of our customer’s trust in the quality and reliability of our products and services. We are taking rapid strides in the Li-ion battery and chargers segment, and have made new additions to our advanced lead acid battery portfolio as well, thus promising a growth-oriented future.”