Amara Raja Energy & Mobility's profit growth driven by core battery sales amid cautious energy expansion

Amara Raja Energy & Mobility reports a 16% increase in quarterly profit, propelled by strong lead acid battery sales, while its newer energy ventures show promising growth amidst ongoing challenges.

Amara Raja Energy & Mobility said on Monday that consolidated profit after tax rose 16% to ₹190.94 crore for the quarter ended June 30, 2026, as stronger sales lifted performance. Revenue from operations climbed to ₹4,214.54 crore from ₹3,401.08 crore a year earlier, while total expenses increased to ₹3,979.41 crore from ₹3,190.66 crore, according to the company’s regulatory filing.

The battery maker said its lead acid batteries and allied products division remained the main driver, with revenue of ₹4,005.24 crore for the quarter. Its new energy business also posted a sharp rise, with revenue of ₹209.3 crore compared with ₹121.29 crore in the same period last year. Quartr’s earnings summary said the new energy arm was supported by demand from the telecom sector for lithium packs, although EV demand slowed and the unit remained loss-making.

The latest figures follow a strong March quarter, when consolidated net profit jumped 94.55% to ₹314.33 crore, though full-year profit for FY26 still fell 5.18% to ₹895.77 crore even as sales rose 7.53% to ₹13,814 crore, according to Business Standard and The Company Check. Amara Raja’s latest update suggests the group is still relying heavily on its core lead acid business while trying to expand its newer energy-related operations.

Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.