The Board of Exide Industries at its meeting held on 30 April 2024 has appointed Avik Kumar Roy (DIN: 08456036) as Managing Director and Chief Executive Officer for a period of three (3) years i.e. from. 1 May 2024 till 30 April 2027.Powered by Capital Market - Live News

Net profit of Exide Industries rose 2.56% to Rs 184.74 crore in the quarter ended March 2024 as against Rs 180.12 crore during the previous quarter ended March 2023. Sales rose 13.49% to Rs 4172.90 crore in the quarter ended March 2024 as against Rs 3676.76 crore during the previous quarter ended March 2023.For the full year,net profit rose 6.56% to Rs 876.68 crore in the year ended March 2024 as against Rs 822.70 crore during the previous year ended March 2023. Sales rose 11.22% to Rs 16769.73 crore in the year ended March 2024 as against Rs 15078.16 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales4172.903676.76 13 16769.7315078.16 11 OPM %10.7410.10 -10.8410.54 - PBDT422.45386.84 9 1791.591639.50 9 PBT280.62256.07 10 1231.171137.59 8 NP184.74180.12 3 876.68822.70 7 Powered by Capital Market - Live News

Exide Industries announced that the 77th Annual General Meeting(AGM) of the company will be held on 29 July 2024.Powered by Capital Market - Live News

Exide Industries announced that the Board of Directors of the Company at its meeting held on 30 April 2024, has recommended a Final dividend of Rs.2 per share (i.e.200%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Exide Industries had entered into an agreement for acquiring 26% equity stake in Clean Max Arcadia, a Special Purpose Vehicle (SPV) promoted and incorporated by Clean Max Enviro Energy Solutions for generation and supply of solar power at its Bawal factory in Haryana.The Company has invested a sum of Rs. 5,34,33,929/- in the SPV company towards acquisition of 26% equity shareholding and the allotment of equity shares against the said investment was done on 25 April 2024.Powered by Capital Market - Live News