Exide Industries Q4 Results: Profit Dips 10%, Margin Contracts

Exide Industries Ltd.'s standalone net profit slipped 10% during the quarter ended March 31, 2025.

The company recorded a net profit of Rs 254.60 crore for the fourth quarter of fiscal 2025, as compared to Rs 283.75 crore for the same period last year.

The battery manufacturer's revenue rose to Rs 4,159.42 crore, denoting a 3.7% rise for the January-March period from Rs 4,009.39 crore for the year ago period.

• Revenue up 3.7% to Rs 4,159.42 crore versus Rs 4,009.39 crore.

• Net profit down 10% to Rs 254.60 crore versus Rs 283.75 crore.

• Ebitda down 10% to Rs 466.69 crore versus Rs 516.15 crore.

• Margin at 11.2% versus 12.9%.

The board of Exide Industries recommended a dividend of Rs 2 per share at a face value of Rs 1 each for the financial year ended March 31, 2025.

Th proposed dividend is subject to the approval from the shareholders in the annual general meeting and will be paid to them within 30 days after the conclusion of the meeting.

Exide Industries appointed Sridhar Gorthi as the independent director and the chairman of the company with effect from April 30, 2025.

He serves as a current board member, contributing extensive leadership expertise and a solid foundation in corporate governance and legal compliance.

The company has also appointed Manoj Kumar Agarwal as the additional director along with whole-time director, designated as director-finance and chief executive officer for a period of three years effective from May 1, 2025.

Shares of Exide Industries closed 4.92% lower at Rs 351.75 apiece on the NSE, compared to a 0.01% fall in the benchmark Nifty 50. The stock has fallen by 25.54% in the last 12 months and 15.56% on a year-to-date basis.

Out of 20 analysts tracking the company, nine have 'buy' rating on the stock, six recommend 'hold' and five suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 16.2%.