Battery maker Amara Raja Energy & Mobility has reported results for the second quarter of 2026–27 (July–September). Revenue grew, but costs grew faster, so profit fell.
Results (consolidated)
- Net profit: ₹152.5 crore (₹276.5 crore a year ago), down 44.8%
- Revenue: ₹4,108.7 crore (₹3,467 crore), up 18.5%
- Total expenses: ₹3,922.8 crore, up 20.6%
- EBITDA margin: down from 10.8% to 8.8%
The company blamed higher raw material costs. Autocar Professional notes that the year-ago quarter included an exceptional gain of ₹121.79 crore.
Expansion in Telangana
Subsidiary Amara Raja Advanced Cell Technologies approved ₹2,320 crore of capital spending. At the Giga Corridor in Divitipalli, Mahbubnagar district, it will raise battery pack capacity from 4 GWh to 9 GWh and build a new LFP cell plant, targeted for completion in about 30 months. Telangana Tribune says this is part of a ₹9,500 crore Giga Corridor programme. The board also approved a new subsidiary for vehicle and battery services under the Amaron Assist brand, with up to ₹100 crore of investment.
