Auto Parts & Equipment company Exide Industries announced Q1FY25 results: Financial Highlights: Revenue from operations have grown by 5.9% in Q1FY25 driven by volume growth across business verticals. We have recorded an impressive growth in operating profitability. Despite increase in commodity prices, EBITDA increased by 14.4% during the quarter, supported by revenue growth and cost optimisation initiatives. EBITDA margins inched up to 11.5% in the current quarter compared to 10.6% in the same period last year. PBT grew by 16.1% year-on-year and PBT margin was 8.7% in Q1FY25 (7.9% in Q1FY24). Cash flow generation remains healthy, and we continue to maintain a comfortable balance sheet with zero debt. Commenting on the performance - Avik Roy, MD & CEO, said 'In the current quarter, our sales growth of 6% and profit before tax growth of 16% provides a perfect start to the year. Both automobile and industrial verticals have delivered growth in the current quarter and near-term drivers are promising. Despite rising raw material prices, cost optimisation initiatives led to lower cost of production and gross margin improvement of nearly 240 basis points on a y-o-y basis. EBITDA margin also increased to 11.5%, which is in line with our focus on improving the overall profitability. In our lithium-ion project, onsite construction and installation of production line equipment is currently underway. Organisational recruiting, manpower training, customer engagement, supply chain establishment and all other necessary functions are progressing well to meet the defined timeline of project completion. Demand for energy and energy solutions is expected to rise significantly from multiple sectors. Our emphasis on innovation, technological advancement, digitalisation initiatives along with our solid financial foundation, will enable us to benefit from these growth opportunities. Also, though commodity prices have started inching higher, we will aim to maintain our trajectory of delivering healthy profits over the medium-term.' Result PDF