Amara Raja Energy Q4 Profit Surges 62% to Rs 230 Cr
May 28, 2024 20:27
Amara Raja Energy & Mobility's Q4 net profit jumps 62% to Rs 230 crore, driven by revenue growth. The company also declared a final dividend of Rs 5.10 per share.
New Delhi, May 28 (PTI) Amara Raja Energy & Mobility on Tuesday said its consolidated profit after tax rose 62 per cent to Rs 230 crore for the fourth quarter ended March 2024.
The company had reported a profit after tax of Rs 142 crore in the January-March quarter of 2022-23 fiscal.
Revenue from operations rose to Rs 2,908 crore for the fourth quarter as against Rs 2,433 crore in the year-ago period, Amara Raja Energy & Mobility said in a regulatory filing.
For the year ended on March 31, 2024, the company reported a profit after tax of Rs 934 crore as against Rs 731 crore in the 2022-23 financial year.
Revenue from operations for the last fiscal rose to Rs 11,708 crore as compared to Rs 10,392 crore in FY23.
The company said its board has approved a final dividend of Rs 5.10 per share.
Shares of the company on Tuesday settled 2.21 per cent higher at Rs 1,246.45 apiece on the BSE.
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