New Delhi, June 2 -- There was an important takeaway from Amara Raja Energy and Mobility Ltd's management commentary in the March quarter (Q4FY25) earnings call.
The company is unlikely to see respite from input cost pressures in the near term.
Higher power and material costs, specifically antimony alloys, dented Amara Raja's Q4 operating margin by 310 basis points year-on-year to 11.5% - a multi-quarter low. Revenue rose 6% year-on-year to Rs.2,973.9 crore, aided by growth in the two-wheeler and four-wheeler aftermarket, two-wheeler OEM and home uninterruptible power supply (UPS) segments.
To mend margin, the lead acid battery maker raised prices by around 2% in April, and more hikes are likely depending on the competitive intensity a...
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