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Amara Raja Batteries Q3 FY10 Results : Net up 112.93%

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Amara Raja Batteries Ltd. is an India-based automotive and industrial battery manufacturing company established in 1985. The parent company of Amara Raja Batteries employs around 3000 personnel. Its clients include major automobile manufacturers like Daimler Chrysler, Ford, and General Motors. The company has posted a phenomenal increase in net profit for the period Q3 (ending Dec 09) of the current fiscal (FY10). During the said quarter, net profit increased 112.93 % to Rs 39.86 crores in comparison to the Rs 18.72 crores of Q3 (ending Dec 08) of previous year(FY09).

The company informed the market(BSE) that the net sales too increased 10.43% to Rs 366.85 crores in Q3 FY10 when compared with the same quarter Q3 FY09 of previous year. Net sales was Rs 332.21 crores in last year’s quarter.

Share’s Data :
BSE Code : 500008
Mkt. Cap: Rs 1249 Crores
P/E Ratio: 15.53
EPS (Rs): 9.42
Face Value : Rs 2
Last Dividend : 40% in June 2009
52 Week H/L : Rs 182.50 / 30.50
Amara Raja Batteries Ltd. share’s CMP is Rs 146.30 on 27th Jan 2010

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