EXIDE REPORTS 10% TOP LINE GROWTH FOR THE THIRD QUARTER OF 2018 -19

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    Exide Industries Limited, on Monday reported Net Turnover for the quarter ended December 31, 2018, of Rs. 2496.84 crores as compared to Net Turnover of Rs. 2278.29 crores during the quarter ended December 31, 2017. Profit Before Tax and After Tax were Rs. 236.88 crores and Rs. 155.04 crores respectively for the quarter ended December 2018 as compared to Rs. 230.16 crores and Rs. 154.27 crores respectively during corresponding quarter of previous year.
    For the nine months ended December 31, 2018, the net turnover was Rs. 7989.65 crores as compared to Rs. 6726.90 crores in the same period of previous year.
    The Proft Before Tax was Rs. 933.45 crores and Profit after Tax Rs.633.37 crores in the nine months period ended December 31, 2018 and significantly higher than the corresponding period of previous year.
    Mr G Chatterjee, MD & CEO said that Volumes in Automotive, Motorcycle, UPS and Solar Batteries in Quarter 3 have grown quite well.
    Company is focussing on Cost Control and Technology upgradation as strategies to improve the bottom-line.

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