Amara Raja Profit Falls on Rising Costs

  Published 1 year ago

Amara Raja Energy & Mobility reported a 27% drop in Q4 profit due to increased costs, despite steady demand, particularly in the auto aftermarket. Rising material costs and currency headwinds impacted margins. Revenue still saw a 6% increase.

  • Profit fell 27% to 1.67 billion rupees.
  • Material costs rose 10% to 27.70 billion rupees.
  • Revenue increased 6% to 29.74 billion rupees.

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