Nov 5
Earnings call
Revenue jumps 20.3%; 6 GWh lithium plant commissioned
Exide Industries Limited reported Q2 standalone revenue of INR5,026 crores, up 20.3% year-on-year, and EBITDA of INR606 crores, up 53.6%, at a 12.1% margin. It commissioned a 6 GWh lithium-ion cell plant at Bengaluru and began LFP revenue generation.