Exide posts 58% increase in Q3 net profit

Exide posts 58% increase in Q3 net profit
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First Published: Mon, Jan 14 2008. 03 08 PM IST
Updated: Mon, Jan 14 2008. 03 08 PM IST
PTI
Mumbai: Lead storage batteries manufacturer Exide Industries on Monday posted 58.27% increase in net profit after tax at Rs55.16 crore for the quarter ended 31 December, as compared to Rs34.85 crore for the same quarter in 2006.
Total income of the battery maker has increased 59.18% to Rs722.19 crore for the quarter ended December 31,2007, from Rs453.68 crore for the corresponding quarter of the previous year, the company informed the Bombay Stock Exchange.
Shares of the company were trading at Rs88.75, up 10.18% on the BSE in afternoon trade.
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First Published: Mon, Jan 14 2008. 03 08 PM IST
More Topics: Exide | net profit | Q3 | batteries | Corporate News |