Amara Raja Energy & Mobility (ARE&M) reported a 26% rise in consolidated net profit for the June quarter of FY25, reaching INR 249.12 crore. This marks an increase from the INR 198.31 crore net profit posted during the same period of FY24. Revenue from operations grew to INR 3,263.05 crore, up from INR 2,796.27 crore in the previous year.
The revenue growth was driven by healthy year-on-year volumes in the automotive after-market, OEMs (original equipment manufacturers), and export markets, according to the company.
“In the quarter, we have seen good traction from our international operations. This was spearheaded by the offtake of our indigenously designed AGM (Absorbed Glass Mat) batteries. We are betting big on growing this space in the coming months,” Harshavardhana Gourineni, Executive Director, Automotive & Industrial Batteries, said.
The company aims to continue expanding its product range, catering to new market segments, and strengthening its global presence, Gourineni added.
ARE&M specializes in energy storage solutions, lithium-ion cell manufacturing, EV chargers, and automotive and industrial lubricants, among other products.
