Amara Raja Batteries

Why battery maker Amara Raja Energy's shares gained over 4%; details here

Shares of Amara Raja Energy & Mobility gained up to 4.3 per cent at Rs 1,273.75 per share on the BSE in Friday's early morning deals

If T'gana govt doesn't honour commitments, we may go elsewhere: Amara Raja

Expressing concern over the financial health of the Congress government in Telangana, Jayadev Galla, Chairman of Amara Raja Energy & Mobility on Saturday said if it does not honour the commitments made by the previous BRS regime, then they may have to look elsewhere for its plant's capacity expansion. Galla's comments came at a time when Chief Minister A Revanth Reddy and his team are touring the US trying to hardsell Telangana as an investment destination. Earlier in the day, Amara Raja Group held a groundbreaking ceremony for their Customer Qualification Plant for cell manufacturing and also inaugurated Phase 1 of the battery pack plant of 1.5 GWh in Mahabubnagar district. The battery maker had signed a MoU with the previous BRS government for investing 9,500 crore, over a period of 10 years, for setting up research and development and a Greenfield manufacturing facility for Lithium-Ion battery-making in Telangana, which has an ultimate capacity up to 16 GWh and a Battery Pack ..

Ather Energy partners with Amara Raja for homegrown e-scooter batteries

Ather Energy currently operates two manufacturing facilities in Hosur, Tamil Nadu, for battery production and vehicle assembly

Amara Raja signs licensing agreement with GIB EnergyX for Li-ion cells tech

Amara Raja Advanced Cell Technologies Pvt Ltd on Monday said it has signed a licensing agreement with GIB EnergyX Slovakia s.r.o., for lithium-ion cells technology. As part of the agreement, GIB EnergyX, a subsidiary of Gotion High-Tech Co Ltd, will license Gotion's 'LFP technology' for lithium-ion cells to Amara Raja Advanced Cell Technologies (ARACT), a wholly-owned arm of Amara Raja Energy & Mobility Ltd (ARE&M), the company said in a statement. "This comprehensive agreement enables Amara Raja to manufacture world-class LFP cells in both cylindrical and prismatic form factors," it added. The scope of licensing provides access to cell technology IP, support in establishing gigafactory facilities conforming to the latest generation process technologies, integration with Gotion's global supply chain network for critical battery materials, and customer technical support for solution deployment, the statement said. "We firmly believe that India will be one of the fastest growing

Amara Raja Q4 result: Net profit rises 62% to Rs 228 cr on strong demand

BENGALURU (Reuters) - Indian battery maker Amara Raja Energy & Mobility posted a rise in quarterly profit on Tuesday, helped by strong demand for its batteries from the automobile companies.

RIL, JSW Neo, Amara Raja among 7 bidders for gigawatt battery production

The seven companies have collectively applied for a cumulative capacity of 70 GWh, the Ministry of Heavy Electricals informed

Amara Raja jumps 37% so far in April, nears record high on healthy outlook

Thus far in the month of April, the market price of a comprehensive solutions provider in the Energy & Mobility space has zoomed 37 per cent, as compared to 0.27 per cent rise in the S&P BSE Sensex

Amara Raja Infra bags 500 MW solar project from Greenko in Andhra Pradesh

Amara Raja Infra Pvt Ltd on Friday said it has secured a 700 MWp solar project from Greenko in Andhra Pradesh. With the latest win, the order book of Amara Raja Infra Private Limited (ARIPL) stands at Rs 1,516 crore at the end of FY24, the company said in a statement. "ARIPL has achieved a significant milestone in the renewable energy sector by securing a solar BoS project of 500 MW/700MWp from Greenko," it said. The project spans across an area of 2,200 acre site near Uyyalavada Town in Kurnool district of Andhra Pradesh. The work includes Engineering, Procurement and Construction (EPC) of the entire balance of system (BoS) for the 700 MWp (Megawatt peak) project, which is part of Greenko's Integrated Renewable Energy Project.

Amara Raja jumps 7% to nearly 3-yr high; Exide Ind up 5% on heavy volumes

Amara Raja Energy hit a nearly three-year high of Rs 900 with a 7 per cent gain on the back of an over two-fold jump in average trading volumes

Amara Raja chief Galla takes break from politics to focus on business

Galla is one of the richest MPs with a declared asset of around Rs 683 crore. Amara Raja is moving from being a battery manufacturer to a comprehensive provider of energy and mobility solutions

Amara Raja Q2 profit up 13% to Rs 226 cr as demand offsets higher costs

BENGALURU (Reuters) - India's Amara Raja Energy & Mobility on Tuesday reported a jump in second-quarter profit, as improved demand for its products helped offset higher expenses.

Amara Raja Batteries rebrands as Amara Raja Energy & Mobility Ltd

The name change aims to better reflect the expansion of the organisation and encompass the range of solutions and products offered such as renewable energy storage solutions and EV chargers

Amara Raja Batteries to expand into two-wheeler market to power growth

The company, which owns the Amaron battery brand, aims to penetrate into two-wheeler EV market first with chargers and eventually through battery packs as it expands its so-called 'new energy' segment

Amara Raja Batteries tumbles 6% after almost 18% equity change hands

According to media reports, Clarios ARBL Holding was to sell its entire 14 per cent stake in the company though bulk-block deal mechanisms on stock exchanges at a floor price of Rs 651 per share.

Amara Raja targets 150% rise in lead acid battery sales, plans expansion

The company is looking to increase the capacity of four-wheeler batteries from 19 million units now to 24 million units in the next three years

Amara Raja Batteries posts 41% rise in Q4 net profit; revenue up 11%

During the period under review, the company's revenue from operations also saw an increase of 11 per cent to Rs 2,429 crore, from Rs 2,181 crore during Q4 FY22

Amara Raja Batteries Q4 results: Consolidated profit rises 41% to Rs 139 cr

The company's consolidated revenue from operation rose by 11.37 per cent to Rs 2,429 crore for the March quarter

Amara Raja Batteries Q3 net profit rises 53% to Rs 222 cr, total income up

Amara Raja Batteries on Wednesday said its consolidated net profit increased by 53 per cent to Rs 222 crore for the third quarter ended December 2022. The company had reported a net profit of Rs 145 crore in the October-December period of last fiscal. Total income rose to Rs 2,664 crore in the third quarter as against Rs 2,385 crore in the year-ago period, the company said in a regulatory filing. Shares of the company declined by 1.14 per cent to Rs 566 apiece on the BSE.

Amara Raja to invest Rs 9,500 crore in Telangana battery-making unit

Unit will house Amara Raja E-hub, an advanced energy research and innovation centre to meet firm's development needs and offer facilities to other players in the energy and mobility space

Amara Raja Q2 profit after tax rises 39.42% to Rs 201 cr, driven by sales

Amara Raja Batteries Ltd on Thursday reported a 39.42 per cent rise in consolidated profit after tax to Rs 201.22 crore in the second quarter ended September 30, driven by higher sales. The company had posted a consolidated profit after tax of Rs 144.32 crore in the same period last fiscal, Amara Raja Batteries said in a regulatory filing. The consolidated revenue from operations stood at Rs 2,700.47 crore against Rs 2,264.15 crore in the year-ago period. Its total expenses were higher at Rs 2,449.11 crore compared to Rs 2,097.17 crore a year ago, the filing said. The Board of Directors at its meeting held on Thursday also approved an interim dividend of Rs 2.90 per equity share of the face value of Re 1 each, it added.