Total expenses rose 10.53% YoY to Rs 3,128.50 crore during the quarter. Employee benefits expense stood at Rs 223.10 crore (up 17.5%), finance cost was at Rs 8.26 crore (down 37.09% YoY), and other expenses were at Rs 481.58 crore (up 25.39% YoY) during the period under review.
Harshavardhana Gourineni, executive director of automotive and industrial, said, “Our continued growth in the OEM segment underscores our unwavering commitment to quality and reliability. In the telecom sector, we are seeing a decline in lead-acid battery demand, though our lithium solutions continue to gain strong traction—clearly reflecting the sector’s shift toward advanced technologies. Additionally, global trade and tariff uncertainties have weighed on our export performance this quarter. That said, we remain confident in our ability to navigate these challenges and accelerate growth across our portfolio in the coming periods.”
Vikramadithya Gourineni, executive director of new energy business, said, “We are seeing consistent progress on our infrastructure development. We are confident our Customer Qualification Plant (CQP) for indigenous cell manufacturing will be operational by Q4 of this FY, which will greatly accelerate our cell manufacturing plans.”
Jayadev Galla, chairman and managing director, said, “We continue to see robust performance on the back of our Automotive Lead Acid Business, which has delivered strong results. Even though it has been a tumultuous quarter with tariffs and global uncertainties, our performance has been solid, and we look forward to making better gains.”
Meanwhile, the board of directors has approved an interim dividend of Rs 5.40 per equity share, equivalent to 540% of the Rs 1 face value, for FY26. The payout is scheduled on or before 5 December 2025.
Amara Raja Energy & Mobility (formerly known as Amara Raja Batteries) is an energy & mobility enterprise and one of the largest manufacturers of energy storage products for both industrial and automotive applications in the Indian battery industry.
Shares of Amara Raja Energy & Mobility fell 1.56% to Rs 972 on the BSE.