Exide Industries Limited — Board Meeting, 04-11-2024: Outcome of Board Meeting

Exide Industries Limited's Board approved the unaudited financial results for Q2 and H1 FY25, reporting a 9% increase in profit before tax. Revenue rose by 4% to ₹4,267 crore in Q2, with strong growth in two-wheeler and four-wheeler markets. Additionally, Mr. Jaidit Singh Brar was appointed as an Independent Director. The company invested ₹250 crore in its subsidiary, Exide Energy Solutions Limited, advancing its lithium-ion cell manufacturing project.