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Amara Raja Q2 net profit falls 5.49% to Rs 120.23 cr

The company had posted standalone net profit of Rs 127.22 crore in the year-ago period, Amara Raja Batteries said in a regulatory filing.

November 09, 2018 / 03:14 PM IST
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

 
 
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Amara Raja Batteries on Friday reported 5.49 percent decline in standalone net profit at Rs 120.23 crore in the second quarter ended September 30, 2018.

The company had posted standalone net profit of Rs 127.22 crore in the year-ago period, Amara Raja Batteries said in a regulatory filing.

Total income for the period under review stood at Rs 1,767.29 crore. It was at Rs 1,439.73 crore.

The company said its total expenses in the second quarter were higher at Rs 1,582.5 crore as against Rs 1,249,01 crore in the same period last fiscal.

Amara Raja Batteries said its board of directors, at its meeting held on November 9, had approved an interim dividend of Rs 2 per equity share of face value of Re 1 each.
first published: Nov 9, 2018 03:08 pm

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