Exide Industries has announced its financial results for the second quarter of FY27, reporting a substantial 75.1% year-on-year increase in Profit After Tax (PAT) to ₹386 crore. This growth was driven by a 20.3% rise in standalone revenue to ₹5,026 crore. The company also highlighted the successful commissioning of its 6 GWh lithium-ion cell gigafactory in Bengaluru, marking a significant step in its new energy business.
Exide Industries Reports Strong Q2 FY27 Financial Performance
Exide Industries Limited announced its unaudited financial results for the quarter and half-year ended 30th September 2026, showcasing robust growth across key financial metrics. The company reported a consolidated PAT of ₹287.14 crore for the quarter, marking a significant 75.1% increase compared to the same period last year when it was ₹173.64 crore.
Standalone Financial Highlights
On a standalone basis, Exide Industries witnessed a 20.3% year-on-year growth in revenue for Q2 FY27, reaching ₹5,026 crore from ₹4,178 crore in Q2 FY26. The Profit Before Tax (PBT) also saw a considerable surge of 75.5% to ₹522 crore. The EBITDA margin expanded by 270 basis points YoY to 12.1%, reflecting effective cost optimization initiatives and calibrated price increases.
Consolidated Financial Performance
Consolidated revenue for the second quarter of FY27 grew by 18.9% YoY to ₹5,333.97 crore. Consolidated PAT surged by 75.1% YoY to ₹287.14 crore. For the half-year ended 30th September 2026, consolidated revenue increased by 18.9% to ₹10,889.22 crore, with PAT growing by 46.7% to ₹638.44 crore.
Key Business Developments
A major highlight for the quarter was the commissioning of Exide’s 6 GWh lithium-ion cell gigafactory in Bengaluru on 23rd September 2026. This facility, developed by its subsidiary Exide Energy Solutions Limited (EESL), is a significant step towards strengthening the company’s position in the new energy segment and electric mobility market. The company also announced the approval of a change in its Registrar and Share Transfer Agent (RTA) to M/s. Maheshwari Datamatics Private Limited.
Liquidity and Debt Position
Exide Industries maintained a strong liquidity position with zero debt and healthy cash flow generation. The standalone balance sheet as at 30th September 2026 shows total assets of ₹19,106.91 crore and total equity of ₹14,774.83 crore.
Source: BSE
