EXIDE INDUSTRIES REPORTS 18.9% REVENUE GROWTH

EXIDEIND EXIDE INDUSTRIES REPORTS 18.9% REVENUE GROWTH COMMISSIONS 6 GWH GIGAFACTORY Exide strengthens its position in India's energy storage market with a major lithium-ion manufacturing milestone! Exide Industries reported revenue growth of approximately 18.9% in the first half of FY27 and announced the commissioning of its 6 GWh lithium-ion battery manufacturing facility. The development represents an important step in the company's strategy to expand beyond traditional lead-acid batteries and strengthen its presence in the rapidly developing electric mobility and energy storage sectors. Key Highlights: • H1 FY27 revenue increased approximately 18.9%. • Commissioned a 6 GWh lithium-ion battery manufacturing facility. • Strengthening its position in advanced battery technology. • Expanding its capabilities in lithium-ion battery manufacturing. • Focusing on emerging opportunities in electric mobility and energy storage. Why Is This Important? India's transition towards electric mobility and renewable energy storage creates significant long-term opportunities for battery manufacturers. The commissioning of the facility is an important operational milestone for Exide Industries. However investors should monitor capacity utilisation customer demand capital expenditure technology competitiveness and the company's ability to achieve sustainable profitability in its lithium-ion business. DISCLAIMER: This content is for informational and educational purposes only. It should not be construed as investment advice or a recommendation to buy or sell any security. Investors should conduct independent research and consider their financial objectives and risk tolerance before making investment decisions.