Amara Raja Batteries tumbles on reporting 25% fall in Q3 consolidated net profit
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Amara Raja Batteries is currently trading at Rs. 612.70, down by 7.95 points or 1.28% from its previous closing of Rs. 620.65 on the BSE.
The scrip opened at Rs. 615.00 and has touched a high and low of Rs. 619.00 and Rs. 608.00 respectively. So far 79335 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1009.20 on 11-Feb-2021 and a 52 week low of Rs. 584.45 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 637.30 and Rs. 608.00 respectively. The current market cap of the company is Rs. 10471.66 crore.
The promoters holding in the company stood at 28.06%, while Institutions and Non-Institutions held 31.48% and 40.46% respectively.
Amara Raja Batteries has reported a fall of 25.13% in its net profit at Rs 144.65 crore for the quarter ended December 31, 2021 as compared to Rs 193.19 crore for the same quarter in the previous year. However, total income of the company increased by 19.48% at Rs 2,384.02 crore for Q3FY22 as compared Rs 1,995.32 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 24.98% in its net profit at Rs 145.30 crore for the quarter ended December 31, 2021 as compared to Rs 193.69 crore for the same quarter in the previous year. However, total income of the company increased by 19.50% at Rs 2,384.82 crore for Q3FY22 as compared Rs 1,995.63 crore for the corresponding quarter previous year.
