Exide Industries Limited — Important, 04-11-2024: Financial Result Updates

Exide Industries has reported a 9% increase in Profit Before Tax (PBT) for H1 FY25, alongside strong revenue growth driven by the two-wheeler and four-wheeler markets. The company approved unaudited financial results, with standalone revenue of Rs. 8,580 crore. Additionally, Mr. Jaidit Singh Brar was appointed as an Independent Director, pending shareholder approval. Exide also invested Rs. 250 crore in its subsidiary for lithium-ion cell manufacturing, with ongoing project progress noted.