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Amara Raja revenue jumps 24% as new energy business gains steam

Amara Raja Energy & Mobility Limited reported a 16% year-on-year increase in consolidated profit after tax (PAT) to Rs 190.94 crore for the quarter ended June 30, 2026, compared with Rs 164.80 crore in Q1 FY26. Consolidated revenue from operations rose 24% to Rs 4,214.54 crore from Rs 3,401.08 crore a year earlier, while total expenses increased to Rs 3,979.41 crore from Rs 3,190.66 crore.

The company’s quarterly performance was supported by growth in its core lead-acid batteries and allied products business as well as a stronger contribution from its new energy business.

Business segments

Revenue from the lead-acid batteries and allied products segment increased to Rs 4,005.24 crore in Q1 FY27 from Rs 3,279.79 crore in the corresponding quarter of the previous fiscal year.

The new energy business also recorded higher revenue, which rose to Rs 209.30 crore from Rs 121.29 crore in Q1 FY26.

On a standalone basis, PAT increased to Rs 202.80 crore from Rs 194.01 crore in the year-ago quarter. Standalone revenue from operations rose to Rs 4,041.44 crore from Rs 3,349.92 crore.

Consolidated basic earnings per share stood at Rs 10.43 for the quarter, compared with Rs 9.00 in Q1 FY26.

Cell technology

During the quarter, Amara Raja infused Rs 150 crore into its wholly owned subsidiary, Amara Raja Advanced Cell Technologies Private Limited (ARACT), through an equity investment. The latest infusion took the company’s total investment in ARACT to Rs 1,650.01 crore.

Plant orders

The Andhra Pradesh Pollution Control Board issued orders on July 18, 2026, revoking the closure orders previously issued against the company’s plants at Karakambadi and Nungundapalli Village, subject to withdrawal of the related writ petitions.

Amara Raja subsequently withdrew the petitions. The matters were disposed of by the High Court of Andhra Pradesh on August 6, 2026.

The featured photograph is for representation only.

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