Conference Call with Amara Raja Energy & Mobility Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Amara Raja Energy & Mobility announced Q1FY25 results: Profit before tax of Rs 328.66 crore for Q1FY25 registering a growth rate of 23% over Q1FY24. Revenue from operations of Rs 3,131.19 crore as compared to Rs 2,770.70 crore in Q1FY24. The Earnings Per Share (EPS) for Q1FY25 is at Rs 13.36. Harshavardhana Gourineni, Executive Director, Automotive & Industrial Batteries says, “Our revenue and profit numbers are a testament to our sustained growth story. In the last quarter, we have seen good traction from our international operations. This was spearheaded by the offtake of our indigenously designed AGM batteries. We are betting big on growing this space in the coming months. We will continue to build our product range, cater to newer segments, and strengthen our global presence.” Executive Director, New Energy Business, Vikramadithya Gourineni, said: “We have seen healthy growth from our chargers and battery packs business and have successfully forged partnerships with GIB and Highstar for our cell technology and commercialisation. We have also begun to successfully forge customer alliances, which gives us confidence on the steps we have taken so far. The construction of the first phase of our cell manufacturing and advanced energy research and innovation centre is proceeding in a phase-wise manner," Speaking about the results Jayadev Galla, Chairman & Managing Director of ARE&M; said, “We have witnessed significant growth in revenue and profits quarter on quarter, which is a direct testament of our customer’s trust in our product’s quality and reliability. The rapid movement in the Li-ion initiatives and the ongoing new additions to our advanced lead acid battery portfolio promise a very strong future.” Result PDF