Amara raja share price

Amara Raja Energy’s Q2 FY25 Surge: 11.6% Revenue Growth Fueled by Market Expansion and Innovation

Amara Raja Energy & Mobility Ltd., a leader in the Energy and Mobility sectors, reported impressive financial results for the second quarter of FY25. The company achieved an 11.6% revenue growth compared to Q2 FY24, with revenue reaching ₹3,135.83 crore on a standalone basis. Additionally, Amara Raja posted a profit before tax of ₹323.97 crore for the quarter, marking a 4.9% increase over the same period last year. This growth underscores the company’s strategic expansion in the automotive aftermarket and export markets, which have demonstrated sustained demand.

The company’s earnings per share (EPS) for the quarter reached ₹13.15, further highlighting Amara Raja’s consistent performance across its diverse verticals.

Growth Drivers and Market Expansion

Amara Raja’s growth in Q2 FY25 can be attributed to robust performance in the automotive aftermarket and strategic entry into new geographies. The recent expansion into fresh international markets has yielded positive traction, particularly with the launch of Amara Raja’s advanced Absorbent Glass Mat (AGM) batteries, a product that has seen significant demand.

Harshavardhana Gourineni, Executive Director of Automotive & Industrial, commented on the company’s performance:

“The revenue and profit numbers showcase our consistent performance across verticals. We have witnessed good traction from the new geographies that we expanded into last quarter, spearheaded by our new range of indigenously designed AGM batteries.”

Looking ahead, Gourineni expressed optimism about further expansion, with plans to continue developing a diverse product range, catering to emerging segments, and reinforcing Amara Raja’s global footprint.

Advances in New Energy Business

In addition to growth in established sectors, Amara Raja has strengthened its position in the New Energy business segment. Vikramadithya Gourineni, Executive Director of New Energy Business, highlighted the importance of solidifying customer alliances over the past quarter, stating that this has bolstered the company’s confidence in its growth strategy. Amara Raja is making significant strides in its new Li-ion cell manufacturing facility, with ongoing expansions to its battery pack facility.

Jayadev Galla, Chairman & Managing Director, emphasized the company’s advancements in sustainable energy solutions:

“We are taking rapid strides in the Li-ion battery and chargers segment and have made new additions to our advanced lead-acid battery portfolio, promising a growth-oriented future.”

Galla noted that these initiatives align with Amara Raja’s vision of becoming a leader in advanced battery technology, tapping into the growing demand for renewable energy solutions in both domestic and international markets.

Conclusion:

Amara Raja Energy & Mobility Ltd.’s Q2 FY25 results showcase the company’s growth-focused trajectory, driven by strategic expansion into new markets and an innovative product lineup. Amara raja share price, With advancements in AGM battery technology, increased customer alliances, and investment in Li-ion manufacturing, Amara Raja is well-positioned to cater to the rising global demand for sustainable energy solutions.