Indian battery maker Amara Raja drops on quarterly profit drop

Exide Industries

30/05/2025 05:05

** Amara Raja Energy and Mobility AMAR.NS shares drop 3.8% to 189.5 rupees

** Battery maker's Q4 results: 27% profit drop; 10% climb in costs overshadows 6% revenue rise

** On avg, stock rated "hold" same as that of rival Exide EXID.NS - data compiled by LSEG

** YTD, AMAR down nearly 13% vs EXID's around 7% slide

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))