17 Jul 2019 | 6:46 AM


Amara Raja Q2 net profit falls 5.49% to Rs 120.23 cr
  Amara Raja Batteries Ltd. | 16 Jul 2019 | 04:01 PM
Published on 11-09-2018
Amara Raja Batteries Friday reported 5.49 per cent decline in standalone net profit at Rs 120.23 crore in the second quarter ended September 30 2018.

The company had posted standalone net profit of Rs 127.22 crore in the year-ago period Amara Raja Batteries said in a regulatory filing.

Total income for the period under review stood at Rs 1767.29 crore. It was at Rs 1439.73 crore.

The company said its total expenses in the second quarter were higher at Rs 1582.5 crore as against Rs 124901 crore in the same period last fiscal.
Amara Raja Batteries said its board of directors at its meeting held on November 9 had approved an interim dividend of Rs 2 per equity share of face value of Re 1 each.

Record date for payment of interim dividend is fixed as November 23 2018 final dividend of Rs 2.15 per equity share of face value of Re 1 each proposed for the year ended March 31 2018 was approved by the shareholders and paid during the current quarter it added.