Amara Raja Energy & Mobility Limited – Q1 FY26 Results Summary (Announced August 14, 2025)

• Revenue: Consolidated revenue for Q1 FY26 stood at ₹3,401 crore, up 4.4% QoQ but down slightly YoY from ₹3,263 crore in Q1 FY25. Standalone revenue was ₹3,350 crore.

• Profitability: Consolidated net profit was ₹165 crore, up 2% QoQ but down 34% YoY. Standalone net profit was ₹194 crore. EBITDA margin (standalone) declined to approximately 11.6% from 13.9% YoY. Operating profit margin was 7.8%.

• Earnings Per Share (EPS): Consolidated EPS was ₹9.00 per share (face value ₹1), compared to ₹13.61 in Q1 FY25. Standalone EPS was ₹10.60.

• Segment Performance:

  • Lead acid batteries segment remained profitable with ₹253 crore profit in Q1 FY26.
  • New energy business segment reported a widened loss of ₹35 crore versus a profit of ₹6 crore in Q1 FY25.

• Balance Sheet: Consolidated capital employed increased to ₹7,553 crore from ₹7,104 crore YoY. Total consolidated assets were ₹10,519 crore.

• Exceptional Items: No exceptional items in Q1 FY26; FY25 included a ₹111 crore charge.

• Other Comprehensive Income: Volatility attributed to fair value through OCI investments and defined benefit plan remeasurements.

• Audit: Unmodified limited review report issued by joint auditors; no qualifications or concerns.

• Corporate Activity: No reported acquisitions, divestitures, capex updates, or restructuring initiatives.

• Subsidiaries: Consolidated results include four wholly-owned subsidiaries; two subsidiaries’ interim financials unaudited but immaterial.

• Management Commentary: No changes in accounting policies or material adjustments; no strategic shifts disclosed.

Key Considerations:

• Monitor developments and margin trends in the new energy segment.
• Consolidated results provide a full group view including subsidiaries.
• Financials are reliable with no auditor concerns.