Exide Industries Limited has announced the outcome of its Board Meeting held on July 30, 2026. The Board of Directors approved and took on record the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. The results showed a strong performance with revenue growth and profit increase compared to the previous year.
Exide Industries Board Approves Q1 FY27 Financial Results
Exide Industries Limited held its Board of Directors meeting on Thursday, July 30, 2026, to consider its financial performance for the first quarter of FY27. The Board approved and took on record the unaudited financial results, both standalone and consolidated, for the quarter ended June 30, 2026. The Audit Committee of directors had previously reviewed these results earlier the same day.
Financial Highlights for Q1 FY27
The standalone financial results for the quarter ended June 30, 2026, indicate a robust performance. Revenue from operations stood at ₹5,305.05 Crores, with total income reaching ₹5,319.09 Crores. The company reported a Profit after Tax of ₹407.26 Crores. The financial performance was driven by strong revenue growth and effective cost management, leading to an expansion in EBITDA margins.
Key figures for the quarter include:
- Revenue from Operations: ₹5,305.05 Crores (Q1 FY27) vs ₹4,510.00 Crores (Q1 FY26) – a +17.6% growth.
- Profit After Tax (PAT): ₹407.26 Crores (Q1 FY27) vs ₹320.00 Crores (Q1 FY26) – a +27.1% growth.
- Earnings Per Share (EPS): ₹4.79 (Q1 FY27) vs ₹3.77 (Q1 FY26) – a +27.1% growth.
Key Business Developments
The company highlighted several key business achievements during the quarter. Increased affordability and positive sentiment from GST 2.0 reforms continued to drive demand in the automotive sector. Despite headwinds from raw material costs and currency depreciation, Exide managed to expand its EBITDA margin to 12.4% through calibrated price adjustments and cost-efficiency initiatives. The company’s liquidity position remains strong with zero debt and healthy cash flow generation.
Furthermore, Exide Energy Solutions Limited (EESL), a wholly-owned subsidiary, achieved critical project milestones at its Bengaluru gigafactory. The company also infused ₹100 Crores of equity into EESL, taking the cumulative investment to ₹4,902 Crores.
The Board meeting commenced at 11:00 AM and concluded at 12:35 PM on July 30, 2026.
Source: BSE
