Amara Raja Energy & Mobility Posts Gains in Fiscal Q4 Consolidated Net Profit

MT Newswires Live05-29

Amara Raja Energy & Mobility (NSE:ARE&M, BOM:500008) recorded an increase in its consolidated net profit to 2.30 billion Indian rupees in the fiscal fourth quarter ended March 31 against 1.42 billion rupees a year ago.

Earnings per share came in at 12.55 rupees compared with 7.78 rupees, according to a Tuesday filing to the stock exchanges.

Revenue from operations in fiscal Q4 also rose to 29.08 billion rupees from 24.33 billion rupees a year earlier.

The board recommended a final dividend of 5.10 rupees per equity share of 1 rupee each fully paid up for the financial year 2023-24.

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