Exide Industries reports a 4.7% YoY increase in revenue for Q3 FY26, driven by strong growth in the replacement and auto OEM markets. The company continues to invest in its subsidiary, Exide Energy Solutions Limited (EESL), with an additional investment of ₹320 crore in Q3 FY26 and ₹50 crore in January 2026, bringing the total investment to ₹4,252.23 crore.
Financial Performance
Exide Industries announced a 4.7% increase in revenue for Q3 FY26, reaching ₹4,030 crore compared to ₹3,849 crore in Q3 FY25. Profit Before Tax (PBT) also increased by 5.6%. The growth was fueled by strong performance in the replacement and auto OEM markets. The Earnings Per Share (EPS) stood at ₹3.03.
For the nine months ended December 31, 2025, the company’s revenue was ₹12,718 crore, and the EPS reached ₹9.40.
Business Segment Highlights
The Auto OEM business experienced a growth of 25%+, leading to increased market share. Overall domestic business growth (excluding Telecom) was 10%. Export business faced challenges due to tariff-related issues.
Investment in Exide Energy Solutions Limited (EESL)
Exide Industries continues to invest in EESL’s project site. During Q3 FY26, an additional ₹320 crore was invested, with a further ₹50 crore in January 2026. This brings the total equity investment made in EESL to ₹4,252.23 crore. Product validation from the cylindrical cell line is progressing, with installation nearing completion for the other three lines.
Management Commentary
Mr. Avik Roy, MD & CEO, commented that Q3 FY26 revenues showed a strong recovery, with GST 2.0 contributing to overall growth in the automotive sector. The company’s priority remains managing profitable growth and preserving cash.
Source: BSE
