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Corporate Results - Electrical Goods
Amara Raja net rises 62%


Chennai, Oct. 23 Amara Raja Batteries Ltd has reported a 62 per cent jump in net profits for the second quarter ending September 30, 2007. According to a press release from the company, its financials continue to be comfortable. The stock split of shares to Rs 2 from Rs 10 has taken effect from September 26. The industrial and automotive battery manufacturer has benefited from good demand from the telecom, UPS and after market segments. Both the industrial and automotive segments have contributed to the growth. The company would keep a close watch on lead prices and explore options to reduce the impact on margins. — Our Bureau

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