Premium
This is an archive article published on October 19, 2012

Exide Q2 net profit more than doubles

The company had posted net profit of Rs 51.10 cr for July-September quarter,2011.

google-preferred-btn

Leading battery maker Exide Industries today said its net profit more than doubled to Rs 120.21 crore for the quarter ended September 30,2012 on account of robust sales.

The company had posted net profit of Rs 51.10 crore for the July-September quarter,2011,Exide Industries said in a filing to BSE.

Net sales of the company rose to Rs 1,516.83 crore for the quarter,from Rs 1,171.84 crore in same period of previous fiscal.

Story continues below this ad

The Board of Directors of the company has approved the payment of an interim dividend of Re 1 per equity share of Re 1 each for the financial year 2012-2013,the company said.

“The capital expenditure for the current financial year is estimated to be at Rs 250 crore,” it added.

Exide Industries scrip was trading at Rs 149.25 on the BSE,down a steep 8.27 per cent from its previous close.

Latest Comment
Post Comment
Read Comments
Advertisement
Express shorts
‘Bangladeshis’ and ‘ghuspaithiyas’: BJP MP Brij Lal stops five sanitation workers on road in to quiz them on video
‘Bangladeshis’, ‘ghuspaithiyas’: On camera, BJP MP quizzes 5 sanitation workers
Cities9 min ago

BJP MP and former UP DGP Brij Lal has sparked controversy with a video accusing five sanitation workers in Lucknow's Gomti Nagar Extension of being Bangladeshi infiltrators. Lal, a former IPS officer, claims to know how terrorism works and alleges that these workers are a threat to the nation. He appeals to CM Yogi Adityanath to deport them and claims they have fake identities.

View all shorts
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
Commerce Minister Piyush Goyal with US Commerce Secretary Howard Lutnick (Image: Piyush Goyal X/File Photo)
India, US start drafting trade deal; US delegation likely to visit India: Official
Doctor found dead in Satara, note on her palm alleges rape by police officer, assault by another man
CitiesMaharashtra doctor found dead, note on her palm alleges rape by cop
Kader Khan
EntertainmentThis actor-writer, raised in Kamathipura, once set conditions before working with Dilip Kumar; disrupted Bollywood with his witty dialogues
amitabh bachchan and piyush pandey
Entertainment'Amitabh Bachchan will shout at people?': Piyush Pandey created Big B's 'angry old man' image for India's most effective ad campaign
AI job scams in India
TrendingCyber expert warns how AI is used to trap people, says criminals are targeting teenagers: ‘25,000 log gayab hue hain job ke naam par’
Drunk passenger sparks chaos on Bengaluru-Delhi Akasa flight
TrendingDrunk passenger sparks chaos on Bengaluru-Delhi Akasa flight, crew forced to physically remove him: ‘Yeh kya zabardasti hai?’
St Stephen's College cricket team 1978. Front row (L to R): Shubro Sen, Ramchandra Guha, Amrit Mathur, Shubash Sharma, Piyush Pandey, Clement Rajkumar, Rajinder Amarnath, Arun Lal. (Photo: Special Arrangement)
SportsAd-man Piyush Pandey tribute: He was the MS Dhoni of advertising, says historian Ramachandra Guha
Kuldeep
SportsIndia's reliance on finger-spinners, instead of match-winner Kuldeep Yadav, in SENA countries goes against the recent template of success
Derek O'Brien writes: Number of public-sector vacancies is alarming. Can the government do something about them?
OpinionNumber of public-sector vacancies is alarming. Can the government do something about them?
Prime Minister Narendra Modi presenting makhana to Mauritius President Dharambeer Gokhool at Port Louis, in Mauritius on March 11, 2025. (PIB)
ExplainedThe politics of makhananomics: Behind government’s push to boost Bihar’s makhana industry
Actor R Madhavan reveals the most expensive thing he's ever bought, shares why it became one of the most meaningful purchases of his life
'Won’t have a 3 lakh wine bottle or spend 6 lakhs on dinner': When R Madhavan revealed most expensive thing he's bought
The e-SIM upgrade scam shows how easily digital identities can be hijacked with just a phone call. (Image: FreePik)
He lost Rs 11 lakh after an e-SIM upgrade: Why OTPs and SIM-based security are no longer safe
Advertisement
Must Read
SportsAd-man Piyush Pandey tribute: He was the MS Dhoni of advertising, says historian Ramachandra Guha
St Stephen's College cricket team 1978. Front row (L to R): Shubro Sen, Ramchandra Guha, Amrit Mathur, Shubash Sharma, Piyush Pandey, Clement Rajkumar, Rajinder Amarnath, Arun Lal. (Photo: Special Arrangement)
SportsIndia's reliance on finger-spinners, instead of match-winner Kuldeep Yadav, in SENA countries goes against the recent template of success
Kuldeep
SportsIt’s Harmanpreet Kaur’s turn to deliver for India
Indian skipper Harmanpreet Kaur in action during World Cup. (PHOTO: AP)
He lost Rs 11 lakh after an e-SIM upgrade: Why OTPs and SIM-based security are no longer safe
The e-SIM upgrade scam shows how easily digital identities can be hijacked with just a phone call. (Image: FreePik)
TechnologyWhat OpenAI’s acquisition of Sky, an AI Interface for Mac, tells us about the future of ChatGPT and potential hardware devices
Sky, a Mac-based AI assistant developed by ex-Apple engineers, is now part of OpenAI’s growing push to bring ChatGPT into desktop computing. (Expresss Image)
JBL Tour One M3 review: A headphone can’t offer more features
The JBL Tour One M3 offers a plush, premium build with smart customisation features. (Image: Nandagopal Rajan/ The Indian Express)
'Won’t have a 3 lakh wine bottle or spend 6 lakhs on dinner': When R Madhavan revealed most expensive thing he's bought
Actor R Madhavan reveals the most expensive thing he's ever bought, shares why it became one of the most meaningful purchases of his life
Advertisement
Buzzing Now
TrendingCyber expert warns how AI is used to trap people, says criminals are targeting teenagers: ‘25,000 log gayab hue hain job ke naam par’
AI job scams in India
TrendingDrunk passenger sparks chaos on Bengaluru-Delhi Akasa flight, crew forced to physically remove him: ‘Yeh kya zabardasti hai?’
Drunk passenger sparks chaos on Bengaluru-Delhi Akasa flight
TrendingKerala couple registers marriage instantly via Video KYC, goes viral as state embraces digital governance: ‘100% literacy for a reason’
Kerala digital marriage Video KYC
TrendingViral video shows people setting off fireworks from moving cars on London streets during Diwali: ‘Import third world people, become third world country’
Diwali fireworks London street
TrendingAditi Mittal recalls how an Air India flight attendant helped her cope with her father’s death: ‘Preeti was a better therapist than most ones I’ve come across’
Aditi Mittal Air India flight attendant
Oct 24: Latest News
Advertisement