Exide Industries Q3 Results: Profit drops 26% to Rs 178 crore

New Delhi: Exide Industries on Monday said its consolidated net profit declined 26 per cent to Rs 178 crore in the third quarter ended December 31, 2021. The company had reported a net profit of Rs 240 crore in the same period of 2020-21.

Revenue from operations rose to Rs 3,312 crore as compared with Rs 2,891 crore, Exide Industries said in a regulatory filing.

"Due to unprecedented input cost inflation, profitability has been adversely impacted," MD & CEO Subir Chakraborty noted.


The Kolkata-based company said its board has declared an interim dividend of 200 per cent for 2021-22.