Exide Industries Q3 profit drops 26% at Rs 178 crore
The company had reported a net profit of Rs 240 crore in the same period of 2020-21.31-01-2022
31-01-2022
EXIDE INDUSTRIES LTD. - 500086 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended 31st December, 2021 was approved and taken on record by the board of directors. The said results were reviewed by the audit committee of directors at its meeting held earlier today. A copy of the unaudited financial results along with Limited Review Reports by the Auditors on the said financial results are enclosed. The copy of the Press Release being issued in this regard is also attached herewith.31-01-2022
EXIDE INDUSTRIES LTD. - 500086 - Announcement under Regulation 30 (LODR)-Dividend Updates
Pursuant to Regulation 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, board of directors have declared an interim dividend of Rs. 2.00 (200%) per Equity share of Re. 1.00 each fully paid up for the financial year 2021-22 and the interim dividend shall be paid within 30 days of declaration i.e. before 1st March 2022. Pursuant to Regulation 42, board of directors have fixed Tuesday, 8th February, 2022 as the record date for the purpose of payment of interim dividend for the financial year 2021-22. Accordingly, interim dividend shall be paid to the equity shareholders whose name appear on the Register of Members of the Company or in the records of Depositories as beneficial owners of the shares as on Tuesday, 8th February 2022.31-01-2022
EXIDE INDUSTRIES LTD. - 500086 - Corporate Action-Board approves Dividend
Pursuant to Regulation 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, board of directors have declared an interim dividend of Rs. 2.00 (200%) per Equity share of Re. 1.00 each fully paid up for the financial year 2021-22 and the interim dividend shall be paid within 30 days of declaration i.e. before 1st March 2022. Pursuant to Regulation 42, board of directors have fixed Tuesday, 8th February, 2022 as the record date for the purpose of payment of interim dividend for the financial year 2021-22. Accordingly, interim dividend shall be paid to the equity shareholders whose name appear on the Register of Members of the Company or in the records of Depositories as beneficial owners of the shares as on Tuesday, 8th February 2022.31-01-2022
EXIDE INDUSTRIES LTD. - 500086 - Board declares Interim Dividend
Exide Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 31, 2022, inter alia, have declared an interim dividend of Rs. 2.00 (200%) per Equity share of Re. 1.00 each fully paid up for the financial year 2021-22 and the interim dividend shall be paid within 30 days of declaration i.e. before March 01, 2022.31-01-2022
EXIDE INDUSTRIES LTD. - 500086 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 31St January, 2022
Pursuant to Regulation 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, board of directors have declared an interim dividend of Rs. 2.00 (200%) per Equity share of Re. 1.00 each fully paid up for the financial year 2021-22 and the interim dividend shall be paid within 30 days of declaration i.e. before 1st March 2022. Pursuant to Regulation 42, board of directors have fixed Tuesday, 8th February, 2022 as the record date for the purpose of payment of interim dividend for the financial year 2021-22. Accordingly, interim dividend shall be paid to the equity shareholders whose name appear on the Register of Members of the Company or in the records of Depositories as beneficial owners of the shares as on Tuesday, 8th February 2022. The board meeting commenced at 12.35 P.M. and concluded at 2.05 P.M.31-01-2022
Q3FY22 Quarterly Result Announced for Exide Industries Ltd.
Auto Parts & Equipment Company Exide Industries declares Q3FY22 result: Exide reports 14% year-on-year growth in sales in the third quarter of the financial year 2021-22 Revenue from operations grew by 14.1% and 26.3%, respectively, in Q3FY22 and 9MFY22. PBT is lower by 14% in Q3FY22 due to unprecedented input cost inflation. However, for 9MFY22 PBT has grown by 9.6% despite raw material prices remaining high throughout the nine months of current financial year. The Board of Directors has declared an interim dividend of 200% i.e. Rs. 2/- per equity share for FY2021-22. The balance sheet remains strong with zero debt and a comfortable liquidity position. Key Business Highlights for the quarter ended 35t December 2021 Volumes in the automotive vertical grew over the last year mainly driven by demand recovery in the replacement market. Demand for industrial UPS remain high as pickup in the commercial activity led to increase in orders from offices and industries. This is in addition to the high order inflow seen from the makeshift home offices and data centres. We continue to increase our presence in global markets with exports growing at a much faster pace, both in the automotive and the industrial verticals. Commenting on the Q3FY22 performance - Mr. Subir Chakraborty, MD & CEO, said We maintained our strong growth momentum in the third quarter as well, with sales growing at 14% year-on-year. Volume uptick, coupled with calibrated product-market strategies implemented across segments contributed to this growth. However, due to unprecedented input cost inflation, profitability has been adversely impacted. Overall, volumes have grown in both automotive and industrial verticals. At Exide, we have been a frontrunner in the adoption of new technologies. During the quarter, the Board of Directors has approved the proposal to setup a multi-gigawatt lithium-ion cell manufacturing plant. The company has also participated in the Production-Linked Incentive Scheme for Advanced Chemistry Cell manufacturing. India is presently grappling with the third wave of COVID. However, business continuity across sectors is keeping the demand momentum afloat. Our manufacturing plants are operational with necessary safety protocols being followed at all locations. Nearly 91% of eligible employees are fully vaccinated and we are targeting to reach 100% vaccination soon. We also continue to provide requisite healthcare and nutrition at various locations through multiple COV/O-19 relief projects that we had initiated during the pandemic. Result PDF31-01-2022
EXIDE INDUSTRIES LTD. - 500086 - The Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended 31St December, 202
The Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended 31st December, 2021 was approved and taken on record by the board of directors. The said results were reviewed by the audit committee of directors at its meeting held earlier today. A copy of the unaudited financial results along with Limited Review Reports by the Auditors on the said financial results are enclosed. The copy of the Press Release being issued in this regard is also attached herewith.31-01-2022
EXIDE INDUSTRIES LTD. - 500086 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
This is to inform you that 'Exide Industries Limited' ('EIL') has invested Rs. 19,99,99,989/- by way of subscription to the equity share capital of its subsidiary, 'Exide Leclanche Energy Private Limited' (hereinafter referred as 'JVC') and as a result of which, its total equity shareholding in JVC stands increased to 84.90%. The detailed disclosure required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") is enclosed herewith22-01-2022
EXIDE INDUSTRIES LTD. - 500086 - Shareholding for the Period Ended December 31, 2021
Exide Industries Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2021. For more details, kindly Click here18-01-2022