IDBI Capital: Exide Industries Posts Better Than Expected Q2 Results, Recovery Ahead

Exide’s net profit fell 3.6% year-on-year to Rs 2,288 million in Q2 on the back of revenue that rose 5.5% to Rs 27.5 billion.

IDBI Capital

11 Nov 2020, 01:09 PM IST

Employees assemble battery components at a research center and battery assembly plant in Rainbach, Austria. (Photographer: Lisi Niesner/Bloomberg)

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IDBI Capital: Exide Industries Posts Better Than Expected Q2 Results, Recovery Ahead

Exide’s net profit fell 3.6% year-on-year to Rs 2,288 million in Q2 on the back of revenue that rose 5.5% to Rs 27.5 billion.

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