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Income from operations rose to Rs 3,263.05 crore from Rs 2,796.27 crore within the year-ago quarter.
Amara Raja Vitality & Mobility (ARE&M) has posted about 26 per cent rise in consolidated internet revenue at Rs 249.12 crore for June quarter FY25.
It had reported a internet revenue of Rs 198.31 crore for April-June interval of 2023-24, the corporate mentioned in an change submitting on Saturday.
Income from operations rose to Rs 3,263.05 crore from Rs 2,796.27 crore within the year-ago quarter.
Income progress was aided by year-on-year wholesome volumes registered within the automotive after-market, OEMs (authentic tools producers), and export markets, the corporate mentioned in a press release.
“Within the quarter, we have now seen good traction from our worldwide operations. This was spearheaded by the offtake of our indigenously designed AGM (Absorbed Glass Mat) batteries. We’re betting large on rising this house within the coming months,” Harshavardhana Gourineni, Govt Director, Automotive & Industrial Batteries mentioned.
The corporate will proceed to construct its product vary, cater to newer segments, and strengthen its world presence, he added.
ARE&M is into power storage options, lithium-ion cell manufacturing, EV chargers, automotive and industrial lubricants, amongst others.
First Printed: Aug 04 2024 | 5:02 PM IST
