Exide Industries Ltd reported a 28% jump in net profit to ₹351.3 crore in FY26, while its BSE listing dipped 0.64% to ₹426.65.
Revenue climbed 17.8% to ₹5,528.4 crore, and EBITA rose 15.5% to ₹621 crore, but the EBITDA margin slipped to 11.2% from 11.5% year‑ago, reflecting tightening cost pressures.
Analysts had expected a ₹320 crore profit, thus beating consensus by ₹31.3 crore, but margins were under pressure amid West Asia raw‑material hikes and rupee depreciation.
The company also announced that its Exide Energy Solutions plant in Devanahalli, a 6 GWh lithium‑ion cell facility, has reached Phase‑I commissioning, setting the stage for a 20% capacity increase in FY27 and a new revenue stream.
CEO Avik Roy said the firm will continue calibrated price hikes and cost‑efficiency measures, targeting an EBITDA margin of 12% and net profit growth of 12% in FY27, with the plant expected to hit full output by Q3 2027.