Amara Raja Energy & Mobility Reports Strong Q1 FY25 Performance with 23% Growth

Amara Raja Energy & Mobility Limited (ARE&M), formerly Amara Raja Batteries Limited, announced robust financial results for the first quarter of FY25. The company reported a profit before tax of ₹328.66 crore, reflecting a notable 23% increase compared to ₹266.24 crore in Q1 FY24. The Earnings Per Share (EPS) for the quarter stands at ₹13.36.

Standalone Financial Highlights (₹ in crores):

• Revenue from Operations: ₹3,131.19 (Q1 FY25) vs ₹2,770.70 (Q1 FY24)
• Profit Before Tax: ₹328.66 (Q1 FY25) vs ₹266.24 (Q1 FY24)

The revenue growth is attributed to healthy year-on-year volumes across the automotive after-market, original equipment manufacturers (OEMs), and export markets.

Harshavardhana Gourineni, Executive Director of Automotive & Industrial Batteries, commented, “Our revenue and profit numbers underscore our consistent growth trajectory. Last quarter saw significant traction from our international operations, driven by the success of our indigenously designed AGM batteries. We are optimistic about expanding this segment and will continue to enhance our product range, explore new market segments, and strengthen our global footprint.”

Vikramadithya Gourineni, Executive Director of New Energy Business, highlighted advancements in the company’s chargers and battery packs business. He noted successful partnerships with GIB and Highstar for cell technology and commercialization and the positive progress in customer alliances. “The construction of our cell manufacturing and advanced energy research and innovation center is advancing as planned,” he added.

Chairman & Managing Director Jayadev Galla remarked, “The significant growth in our revenue and profits each quarter reflects the trust our customers place in our products’ quality and reliability. The swift progress in Li-ion initiatives and the expansion of our advanced lead acid battery portfolio signal a promising future for ARE&M.”