Amara Raja Energy & Mobility sees 11.6% revenue surge in Q2 FY25

Amara Raja Energy & Mobility Limited (ARE&M), a key player in the energy storage and mobility solutions market, reported an impressive 11.6% increase in revenue for the second quarter of FY25. The company’s revenue from operations rose to ₹3,135.83 crore as compared to ₹2,811.14 crore in Q2 FY24, marking a testament to its expanding reach in both domestic and international markets.

Strong earnings and strategic expansion propel growth

The Hyderabad-based firm, listed on the BSE (500008) and NSE (ARE&M), recorded a profit before tax of ₹323.97 crore, reflecting a 4.9% growth over the previous year’s ₹308.73 crore. Earnings per share for the quarter stood at ₹13.15, showcasing steady profitability amid ongoing strategic initiatives.

ARE&M’s Executive Director for Automotive & Industrial, Harshavardhana Gourineni, highlighted the robust performance across market verticals. He attributed the gains to the successful expansion into new geographies, spearheaded by innovative AGM battery designs that have bolstered sales. Gourineni emphasized the company’s commitment to enhancing its product offerings and reinforcing its market presence, signaling continued optimism for future quarters.

Enhanced global footprint and customer confidence

Vikramadithya Gourineni, Executive Director of the New Energy Business, pointed to strengthened customer alliances and ongoing infrastructure projects as key growth drivers. The company has made significant progress with its cell manufacturing plant and expanded battery pack facility, projects vital to supporting its ambitions in the lithium-ion and advanced lead-acid battery segments.

Chairman and Managing Director Jayadev Galla expressed confidence in the company’s sustained growth trajectory, noting that ARE&M’s diversified business approach had secured positive results across its segments. Galla emphasized the trust built with customers, which has been pivotal for their market gains.

Continued advancements in energy solutions

Amara Raja’s comprehensive portfolio includes energy storage solutions, lithium-ion cell manufacturing, and EV chargers, positioning it as one of India’s leading manufacturers for both industrial and automotive applications. The company serves prominent sectors, including telecom, railways, and the automotive industry, with a broad distribution network covering over 50 countries.

Despite competition and market volatility, ARE&M’s forward-looking strategies and product innovations have secured its place in the evolving energy landscape. The company remains poised for further growth as it continues to explore new technologies and expand its market footprint.