Bigul

Q4FY24 Quarterly & FY24 Annual Result Announced for Amara Raja Energy & Mobility Ltd.

Auto Parts & Equipment company Amara Raja Energy & Mobility announced Q4FY24 & FY24 results: Profit before tax of Rs 1,211.03 crore for the FY24. The Revenue for FY24 stood at Rs 11,260.30 crore as compared to Rs 10,389.71 crore during FY23. The Earnings per Share (EPS) for FY24 was at Rs 49.49. The Company reported for the Q4FY24 a revenue of Rs 2,796.73 crore and profit before tax (PBT) of Rs 305.34 crore. The consolidated revenue growth stood at 13%. Jayadev Galla, Chairman & Managing Director, said, “Our business across segments has performed considerably well. In the last FY, we made the big move of changing the company’s name to "Amara Raja Energy & Mobility" to reflect our vision to be leading India’s energy transition, especially in energy storage and mobility spaces. Today, we have a wide array of products and solutions that cater to every type of automotive and industrial application.” Harshavardhana Gourineni, Executive Director - Automotive & Industrial Batteries, mentioned, "We observed robust and sustained growth in both industrial and automotive applications, that resulted in overall revenue growth of 10%. This was accomplished in part by launching new product ranges and brands in the automotive aftermarket and data center segments. In the last FY, we strengthened our global presence by entering the North American and European markets, placing our products in over 50 countries.” Vikramadithya Gourineni, Executive Director - New Energy Business, stated, “The Giga Corridor project in Telangana is progressing smoothly, and we are all set to begin commercial production at our pack facility. New Energy Business clocked 110% growth over the previous year, further cementing our leadership position with our customers.” Result PDF
29-05-2024
Bigul

Amara Raja Energy & Mobility Ltd - 500008 - 39Th Annual General Meeting And Final Dividend

Register of Members and share transfer books will remain closed from Friday, July 19, 2024 to Thursday, July 25, 2024 (both days inclusive) for the purpose of Annual General Meeting and final dividend FY24.
28-05-2024
Bigul

Amara Raja Energy & Mobility Q4 net up 62% at 228 crore

Amara Raja Energy & Mobility reports 62% profit increase, revenue growth driven by battery and energy business
28-05-2024
Bigul

Amara Raja Energy & Mobility Ltd - 500008 - Final Dividend FY24

The Record date for the purpose of final dividend FY24 is Thursday, July 18, 2024
28-05-2024
Bigul

Amara Raja Energy & Mobility Ltd - 500008 - Announcement under Regulation 30 (LODR)-Dividend Updates

Recommendation of final dividend FY24 of Rs.5.10/- per equity share (representing 510%).
28-05-2024
Bigul

Amara Raja Energy & Mobility Ltd - 500008 - Announcement Under Regulation 30 Of SEBI(Listing Obligations And Requirements) Regulations, 2015

Reappointment of Internal Auditors, Cost Auditors and Secretarial Auditors for the financial year 2024-25.
28-05-2024
Bigul

Amara Raja Energy & Mobility Ltd - 500008 - Corporate Action-Board approves Dividend

Board of Directors at their meeting held today had approved final dividend for FY24 of Rs.5.10/- per equity share (representing 510%), subject to the approval of shareholders at the ensuing 39th Annual General Meeting.
28-05-2024
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