StocksMedium•4 November 2026•
1 min read
Exide Industries Q2 Profit Jumps 75% on Strong Automotive Demand
Key Facts
1Exide Industries reported a standalone net profit of Rs 386.4 crore for Q2, a 75% year-on-year growth.
2Revenue from operations rose 20% to Rs 5,026.1 crore, driven by growth in the automotive OEM business.
Exide Industries reported a standalone net profit of Rs 386.4 crore for the second quarter of the 2026-27 financial year, marking a 75% increase compared to the previous year. The Times of India reported that revenue from operations grew by 20% to reach Rs 5,026.1 crore during the period.
The growth was primarily supported by the automotive original equipment manufacturer (OEM) business, which saw year-on-year growth of over 25%, while export business increased by more than 20%. Additionally, Exide Industries signed a strategic cooperation agreement with Germany's ExCom Energy Solutions GmbH to expand its industrial battery and energy storage operations within the European Economic Area.