Exide Industries Limited — Others, 30-04-2025: Retirement

Exide Industries Limited's Board of Directors has approved the audited financial results for the year ended March 31, 2025. Standalone revenues reached ₹4,159 crore, marking a 3.5% year-on-year increase and an 8.1% growth sequentially. EBITDA was reported at ₹467 crore, with an EBITDA margin of 11.2%. A final dividend of ₹2.00 per equity share has been proposed. The company has appointed Mr. Sridhar Gorthi as Chairman and Mr. Manoj Kumar Agarwal as the new CFO. Additionally, there are plans to invest ₹1,200 crore in Exide Energy Solutions Limited for lithium-ion manufacturing, enhancing its growth prospects.