Kolkata: Storage battery maker Exide Industries reported a standalone net profit of Rs 386.4 crore for the second quarter of the 2026-27 financial year, a year-on-year growth of about 75%, backed by a nearly 20% y-o-y increase in revenue from operations. The Kolkata-based company had posted a net profit of Rs 220.7 crore in the second quarter of the 2025-26 financial year. Its revenue from operations for Q2FY27 grew to Rs 5,026.1 crore from Rs 4,178.3 crore in Q2FY26, according to a stock exchange filing.Exide Industries said growth momentum remained broad-based in Q2FY27, with double-digit growth across its main businesses. Its automotive original equipment manufacturer (OEM) business delivered more than 25% y-o-y growth for the fourth consecutive quarter, driven by new product introductions. The two-wheeler and four-wheeler replacement business posted double-digit growth for the fourth consecutive quarter on steady aftermarket demand.“Exports business grew over 20% y-o-y for the second consecutive quarter, on a low base. The company signed a long-term strategic cooperation agreement with ExCom Energy Solutions GmbH, Germany, to grow its industrial battery and energy storage business across European Economic Area,” the company said in a statement.
