Auto Parts & Equipment company Exide Industries announced H1FY25 & Q2FY25 results Financial Highlights: Revenue from operations have registered a growth of 4% and 5% respectively, in Q2FY25 and H1FY25. In the current quarter, EBITDA and PBT margins were 11.3% and 9.4% compared to 11.8% and 9.4% in the same quarter of the previous year. For the first half of the current financial year, EBITDA and PBT margins increased to 11.4% and 9.0% respectively, compared to 11.2% and 8.6% in H1FY24. Efficient working capital management along with current profitability levels enabled us to maintain our track record of generating positive cashflows. Our balance sheet remains comfortable with zero debt and high net worth. Business Highlights: The two-wheeler and four-wheeler replacement markets experienced robust demand, leading to double-digit revenue growth. Industrial-UPS and Solar also enjoyed strong demand momentum during the quarter. However, the demand scenario was soft in the Home-UPS segment due to the early onset of monsoons. Excess Channel Inventories for Auto OEMs dampened demand across the Auto OEM space. Exports Market Demand has been encouraging and we are making strides entering new geographies and strengthening our position in the existing ones. Our focus is on enriching the product portfolio and broadening the distribution network to address international demand. Avik Roy, MD & CEO, Exide Industries, said: ‘In the first half of the year, we have delivered EBITDA and PBT margin of 11.4% and 9.0%, respectively. Efficient procurement coupled with cost optimisation initiatives has led to stability in operating performance, despite high commodity prices. For the near term, business outlook is positive and commodity prices have started easing, which is expected to support profitability. At Exide, we are making multiple strides and are driving strategic initiatives to leverage synergies across our business verticals. We have undertaken organisational and business realignment which will enable us to strengthen our go-to-market strategy and to capitalise on the strong market demand. With our latest technologically advanced products and services and focus on cost efficiencies, we aspire to achieve strong growth in sales and profitability. Onsite construction works of the lithium-ion project are proceeding well. All the functions including manufacturing, procurement, R&D;, IT, finance, quality & safety, HR, etc. are working relentlessly to ensure project completion.’ Result PDF