Battery major Exide Industries on Monday reported a consolidated net loss of Rs 13.56 crore in the quarter ended June 30, 2020 due to the impact of disruptions caused by the Covid-19 pandemic.
The company had posted a net profit of Rs 161.58 crore in the corresponding quarter a year ago.
Total income during the quarter under review stood at Rs 2,537.55 crore as against Rs 3,691.33 crore in the quarter ended June 30, 2019, Exide Industries said in a BSE filing.
Commenting on the earnings, Exide MD and CEO G Chatterjee said Covid-19 pandemic and the consequent lockdowns to curb its spread