Exide Industries Q4 net profit climbs 23% to ₹312 crore, ₹2/share dividend announced; check record date

Exide Industries Q4 results: Lead acid storage battery maker Exide Industries on Monday, May 4, reported a 22.71% rise in standalone net profit to ₹312.44 crore for the March quarter of FY26.

The company had posted a post-tax profit of ₹254.6 crore in the corresponding quarter of the previous fiscal, according to an exchange filing.

Revenue from operations increased 9.41% to ₹4,551.11 crore in Q4 FY26 from ₹4,159.42 crore a year ago.

Exide Industries announced dividend; check record date

Exide Industries' board also recommended a dividend of ₹2 per share of face value of ₹1 each, fully paid up for FY26, subject to the approval of the shareholders at the forthcoming 79th Annual General Meeting (AGM) of the company.

The record date has been fixed as July 3. The dividend will be paid within 30 days after the conclusion of the AGM.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) advanced 12.76% to ₹530 crore in the quarter under review, compared to ₹470 crore in the same period a year back, as per requlatory filing.

The company said that increased affordability and positive sentiment from GST 2.0 reforms continued to drive demand for automotives. All industry businesses (2W/3W/4W) rose in double digits, on a YoY basis.

Commenting on the performance, Avik Roy, MD and CEO, said, "Q4 FY26 built on the gains observed in Q3 – GST rationalisation continued to boost end-customer demand across the automotive sector, supported by strong replacement market and energy storage demand."

"Macroeconomic conditions in India remained favourable with low inflation, lower repo rates and positive rural and urban sentiment. However, the West Asia conflict created challenges on two fronts: firstly, the rate escalation and timely availability of LPG, plastics and sulphuric acid; secondly, freight cost escalation due to the closure of multiple shipping routes and unavailability of containers. Sustained depreciation of the rupee vs the USD put further pressure on our input costs," he said.

Roy stated that amid the global condition, the company's priority has been on managing profitable growth and focusing on preserving cash.