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  • Demand uptick, change in demographics aiding auto growth: Citi

    Demand uptick, change in demographics aiding auto growth: Citi

    Market for cars has been expanding and will continue to expand in coming time, says RC Bhargava, Chairman of Maruti Suzuki.

  • Insurance FDI recos aimed at raising capital: Exide Life

    Insurance FDI recos aimed at raising capital: Exide Life

    Kshitij Jain, MD & CEO, Exide Life Insurance is hopeful that the much awaited Insurance Bill will see the light of the day in this session of Parliament.

  • Will increase battery prices if $ rises further: Exide

    Will increase battery prices if $ rises further: Exide

    Exide Industries reported a 5 percent year-on-year rise in first quarter net profit at Rs 159 crore. Revenue was also up 5 percent at Rs 1,628 crore.

  • Recognise potential to grow in insurance business: Exide

    Recognise potential to grow in insurance business: Exide

    Battery supplier Exide Industries has agreed to increase its stake in the insurance joint venture, ING Vysya to 100 percent.

  • Q4 to be challenging, can't meet margin guidance: Exide

    Q4 to be challenging, can't meet margin guidance: Exide

    Exide disappointed the market with its quarterly numbers, falling short on revenue as well as net profit expectations.

  • Amara Raja overtakes Exide, bets on 16% mgn growth in FY13

    Amara Raja overtakes Exide, bets on 16% mgn growth in FY13

    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.

  • See operating margins in 16-18% range ahead: Exide Inds

    See operating margins in 16-18% range ahead: Exide Inds

    AK Mukherjee, director-finance of Exide Industries says, the company expects operating margins to be in the range of 16-18% over a period of time.

  • Exide looks at maintaining 16-18% margin in FY13

    Exide looks at maintaining 16-18% margin in FY13

    With not so promising results in Q4, Exide Industries have registered a 170 bps jump in PBIT margins in comparison to the last quarter.

  • We have reduced prices to get back market share: Exide

    We have reduced prices to get back market share: Exide

    Explaining the quarter to CNBC-TV18, TV Ramanathan, MD and CEO of the company said, there was been a significant increase in input costs.

  • Exide industries hopeful of a recovery in H2FY12

    Exide industries hopeful of a recovery in H2FY12

    Paban Kataky, executive director- automotive, tells CNBC-TV18 in an interview that a combination of original equipment manufacturers (OEMs) and a dwindling replacement market hit their earnings this season.

  • Auto sector to do better in second half of FY12, says Exide

    Auto sector to do better in second half of FY12, says Exide

    Paban Kataky, ED (Automotive) of Exide Industries, in an interview with CNBC-TV18’s Udayan Mukherjee, feels that the automobile sector has been going through a difficult time due to the subsequent increase in the interest rate.

  • Hike in replacement volume aided top-line: Exide Industries

    Hike in replacement volume aided top-line: Exide Industries

    Exide Industries reported Q4 net profit of 164 crore, up by 22% versus Rs 134 crore, year-on-year. The company’s net sales were up 19% at Rs 1,226 crore versus Rs 1,028 crore, year-on-year. Exide Industries’s director of finance and CFO AK Mukherjee shares details about the company’s Q4 performance.

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