Highlights:
- Reported profit before tax of Rs.193.22 Crores for Q2 of FY 22 as compared to Rs 270.96 crores during Q2 FY 21.
- The Revenue for Q2 of FY 22 stood at Rs 2,264.19 crores as compared to Rs 1,935.82 crores during Q2 of FY 21.
- The Earnings per Share (EPS) for Q2 of FY 22 was at Rs 8.44.
Mr. Jayadev Galla, Chairman, Managing Director & CEO of the Company, said
“The demand signals are positive across all product segments but the increased input material costs are driving the margins negatively. We will continue to focus on cost optimization and work towards improving the operating margins.
We are working on our new energy strategy to participate in the emerging opportunities in the new chemistries and have started our Lithium battery pack supplies for three wheeler application.”
