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Exide Industries Ltd posted a 135 per cent growth in net profit to Rs 120 crore for the quarter ended September 30, 2012, as compared with Rs 51 crore during the same period last year.
Net sales grew by 29 per cent to Rs 1,517 crore.
Shares of Exide were trading at Rs 150.20, down by 7.68 per cent from its previous closing on the BSE on Friday.
On a sequential basis, however, profits dipped by 21 per cent from Rs 152 crore during the first quarter ended June 30, 2012.
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