Amara Raja Batteries said it partially resumed operations from 20 April 2020.
The company said that most of the operations still stand suspended due to restrictions in the movement of goods and people and compliance of the said orders. However, the company is fully prepared to scale up the operations based on the requirements and needs of the customers. The announcement was made after market hours on Monday, 20 April 2020.Late last month, the company had announced temporary shutdown of operations at the manufacturing facilities except for the essential services in the wake of Covid-19 outbreak.
The battery maker's consolidated net profit jumped 25.42% to Rs 164.16 crore on a 3.12% increase in net sales to Rs 1,747.52 crore in Q3 December 2019 over Q3 December 2018.
Amara Raja Batteries is a manufacturer of leadacid batteries for both industrial and automotive applications.
Shares of Amara Raja Batteries declined 4.14% to Rs 518.20 on BSE. The stock traded in the range of Rs 513.55 to Rs 538 so far.
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