Amara Raja reported a decent set of Q1 earnings. In an interview to CNBC-TV18, S Vijayanand, CEO of Amara Raja discussed company’s performance.
We will try to maintain the margins in a range of plus or minus 0.5 percent at around 17 percent, said SV Raghavendra, CFO, Amara Raja Batteries.
According toS V Raghavendra, CFO, Amara Raja Batteries the margins for the company are likely to sustain at current levels of around 17 percent
Kalyan is confident of maintaining double-digit growth for the second of the year. â€œWe definitely believe that we would have improved the market share,â€ he told CNBC-TV18.
Suresh Kalyan, CFO, Amara Raja Batteries said fourth quarter being the peak quarter for inverter business, the company saw Rs 102 crore of business vis-Ã -vis Rs 48 crore that we did in Q3.
In an interview to CNBC-TV18, Suresh Kalyan, CFO, Amara Raja Batteries spoke about the performance of the company in the second quarter. The company reported a net profit of 70.1 crore as compared to 52 crore (YoY) grabbing market share from Exide in Original Equipment Manufacturer (OEM) & Aftermarket.
Amara Raja hit a lifetime high after it announced strong first quarter earnings. Suresh Kalyan, chief financial officer, Amara Raja expects the company‘s topline to grow by 15-18% in FY13.
In an interview with CNBC-TV18, Suresh Kalyan, CFO of Amara Raja said that there has been a significant growth in its industrial as well as automotive battery divisions.
Despite the difficult economic scenario, Amara Raja Batteries hopes to end the current fiscal with operating margins of 15%, says managing director Jaydev Galla.
Suresh Kalyan, CFO of Amara Raja Batteries, in an interview with CNBC-TV18's Reema Tendulkar and Ekta Batra, feels that the replacement market has much better margins compared to OEM market.
In an interview with CNBC-TV18, Jayadev Galla, MD, Amara Raja Batteries, speaks about the results and gives his outlook going forward.