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Exide Industries Results | Yadnya Investment Academy

Exide Industries Results | Yadnya Investment Academy

Published on 03 May 2021 Views 127 Comments 0

Q4FY21 Results

  • Exide Industries report revenue from operations for Q4FY21 at Rs. 2,938.8, up 43% when compared to Rs. 2,055 crore from Q4FY20.
  • Profit after tax increased to Rs. 244.12 crores in Q4FY21 which when compared to Q4FY20 PAT of Rs. 168 crores is up 45%.
  •  The EBITDA margin remained stable at 14.8% which was similar in same quarter previous year.

 

FY21 Results

  • The company posted revenue from operations of Rs. 10,040.8 crores in FY21 when compared to revenue of operations of Rs. 9,856.7 crores in FY20, a growth of 1.87%.
  • Profit After tax for FY21 was Rs. 758.3 crores as compared to FY20 PAT of Rs. 825.5 crores, a decline of (8.14)%.
  • The total expense increased by 2.53% which led to decline in profitability.

 

Comments by Mr. G Chatterjee

  • Mr. G Chatterjee, MD and CEO said that due to several strategies adopted by the company, in the second half of the year, the company saw a strong recovery and it enabled it to surpass the sales of FY20.
  • About the Q4FY21 performance, in the Automotive and Industrial division, the company has posted a good growth.
  • The aftermarket demand remained strong for Automotive and UPS batteries.
  • To improve the bottom line, the company will be focusing on Sales transformation and Cost compression as the core strategies.

 

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