Amara Raja Q2 Result Update - On A Consolidation Phase: Dolat Capital

Amara Raja Q2 Result Update - On A Consolidation Phase: Dolat Capital

Automobile battery modules sit on a production line. (Photographer: Krisztian Bocsi/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Amara Raja Ltd. Q2 numbers were mixed bag as demand signals are positive across all product segments, but the rise in input cost is negatively impacted margin.

Top line growth was 17% year-on-year while Ebitda margin contracted 137 basis points quarter-on-quarter to 11.9% led by commodity inflation and weaker product mix.

Industrial volume growth was stable across all segments particularly in UPS business registered healthy growth.

Click on the attachment to read the full report:

Dolat Capital Amara Raja Batteries Q2 Result Update.pdf
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