The company’s revenue from operations rose 4% to ₹4,159 crore as against ₹4,009 crore in the year-ago period.
At the operating level, EBITDA fell 9.6% to ₹466.6 crore in the March quarter as against ₹516 crore in the same period a year ago.
The EBITDA margin stood at 11.2%, compared to 12.3% in Q4 FY24, impacted by high raw material prices. Prices of raw materials such as antimony, have significantly increased in last six months, thereby impacting margins on sequential basis.
The board recommended a dividend of Rs 2 per equity share of face value of Re 1 each for the financial year ended March 31, 2025.
Liquidity position remains comfortable with zero debt and high cash flow generation. In FY25, cashflow from operations were Rs 1,298 crore.
Exide Industries will further invest ₹1,200 crore in Exide Energy Solution.
The management remains optimistic, maintaining a positive outlook. They said that demand is seen improving going ahead.
“Financial year 2024-25 was characterised by tough macroeconomic conditions, resulting in lower capex and investments across sectors,” said Avik Roy, MD & CEO of Exide Industries.
“During the year, while the overall sales increased marginally, we maintained double-digit growth momentum in auto replacement, industrial UPS and solar verticals. However, auto OEMs and industrial verticals were impacted by lower demand.”
Roy expects overall demand scenario to improve going ahead and will continue to focus on driving sales and achieving cost efficiencies.
“In our lithium-ion cell manufacturing project, construction work is going on in full swing to ensure timely project completion. We intend to commercialise operations in FY26,” he added.
Following the earnings announcement, shares of Exide Industries Ltd. are trading 3.92% lower at ₹355.45.
First Published: Apr 30, 2025 2:19 PM IST
