 "Amara Raja Batteries")
Amara Raja Batteries today posted 23% rise in consolidated net profit at Rs 123 crore for the second quarter ended September 30.
The company had posted a net profit of Rs 100 crore during the same period of previous fiscal.
Net sales of the company rose to Rs 1,158 crore for the second quarter as compared to Rs 1,060 crore during the same period of 2014-15, Amara Raja Batteries said in a statement.
"We are delighted to report the highest revenue and profit for a quarter. The capacities in various plants of the company are operating effectively and supporting the growth and expansion in market share," Amara Raja Batteries Vice Chairman & Managing Director Jayadev Galla said.
The company is geared up to expand the capacities further and introduce new products depending on market conditions, he added.
Shares of Amara Raja Batteries were trading at Rs 934.45 apiece on the BSE, down 4.31% from previous close.
