Shares of Exide Industries surged over 5% during the trading session on Thursday, July 30 after the company announced April to June quarter results for fiscal 2027.
The company's net profit jumped 27.2% to Rs 407 crore in the quarter from Rs 320 crore in the corresponding period last year. Revenue rose 17.6% to Rs 5,305 crore in the quarter from Rs 4,510 crore in the same quarter previous year.
In terms of operations, EBITDA advanced 19.3% to Rs 655 crore in the quarter under review from Rs 549 crore in Q1FY26. EBITDA margin remained largely flat at 12.3% year-on-year.
Exide Industries share price advanced 5.57% to Rs 430. The scrip was trading 3.88% higher by 1:28 pm, while the benchmark Nifty 50 index was up 11%.
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