Amara Raja reported good growth compared to last year, mainly because battery sales were strong. But compared to last quarter, profit has come down. YoY (Consolidated) ✧ Revenue from Operations: ₹4,214.54 Cr (+23.9%) ✧ Total Income: ₹4,234.04 Cr (+23.8%) ✧ Profit Before Tax: ₹254.63 Cr (+11.2%) ✧ Net Profit: ₹190.94 Cr (+15.9%) QoQ (Consolidated) ✧ Revenue from Operations: ₹4,214.54 Cr (+19.2%) ✧ Total Income: ₹4,234.04 Cr (+18.8%) ✧ Profit Before Tax: ₹254.63 Cr (-39.5%) ✧ Net Profit: ₹190.94 Cr (-39.3%) Positives New Energy Business segment grew strongly, revenue increased to ₹209.30 Cr. Old factory issue in Andhra Pradesh has been cleared, which is good for the company. Company invested ₹150 Cr in its lithium battery business for future growth. Negatives Profit fell nearly 40% compared to last quarter mainly because last quarter had extra income.

#PersonalFinance#StockInNews#FundamentalViews#EquityResearch#PsychologyofMoney

655 likes·86 comments