Exide Industries Q2 Profit Jumps 75%; New Plant Commissioned

Exide Industries Limited reported strong Q2 FY27 results, with standalone net profit rising 75% year-on-year. Q2 FY27 Financial Performance Standalone Results: Revenue from Operations: ₹5,026 crore, up 20.3% YoY. EBITDA: ₹606 crore, up 53.6% YoY. Net Profit (PAT): ₹386 crore, up 75.1% YoY. EBITDA Margin: 12.1%, compared with 9.4% last year. Earnings Per Share: ₹4.55, against ₹2.60 in Q2 FY26. Strong Growth Across Business Segments Exide reported broad-based demand across its businesses: Automotive OEM: Growth of over 25% for the fourth consecutive quarter. Replacement Business: Two-wheeler and four-wheeler segments continued to deliver double-digit growth. Home Inverters & Solar: Growth of over 20%. Exports: Growth of over 20% year-on-year. The company also highlighted the benefits of GST rationalisation, calibrated price increases and cost-optimisation initiatives. Major Milestone: 6 GWh Lithium-Ion Plant Exide Energy Solutions Limited (EESL), a subsidiary of Exide Industries, commissioned its 6 GWh lithium-ion cell manufacturing facility in Bengaluru on 23 September 2026. This is a significant step in the company's expansion into India's growing battery and electric mobility ecosystem. Investor Perspective The commissioning of the 6 GWh facility adds a new long-term growth opportunity. However, investors should monitor capacity utilisation, customer approvals, production yields and the subsidiary's contribution to consolidated profitability. The key challenge will be converting the significant investment in lithium-ion manufacturing into sustainable commercial growth. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.