Amara Raja Energy & Mobility reported a 44.9 per cent year-on-year decline in consolidated net profit to ₹152.48 crore in the second quarter of FY27, compared with ₹276.49 crore in the corresponding period last year, according to the company's stock exchange filing.
Amara Raja reported domestic revenue growth of more than 10 per cent during the quarter, supported by double-digit growth in its automotive battery original equipment manufacturer (OEM) and aftermarket businesses, as well as its Home Energy business.
The decline in profitability came despite an 18.5 per cent increase in revenue from operations to ₹4,108.71 crore during the quarter, against ₹3,467.02 crore in Q2 FY26. Total income rose to ₹4,131.33 crore from ₹3,495.07 crore in the year-ago period.
The company's total expenses increased to ₹3,922.81 crore in Q2 FY27 from ₹3,252.04 crore a year earlier. Consequently, profit before tax fell to ₹208.52 crore from ₹364.82 crore. Total tax expense stood at ₹56.04 crore, compared with ₹88.33 crore in the corresponding quarter last year.
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Automotive & Industrial Business Sees Growth
Harshavardhana Gourineni, Executive Director, Automotive and Industrial, said robust OEM demand across two-wheelers and four-wheelers, along with healthy aftermarket volumes, supported domestic revenue growth of more than 10 per cent.
The industrial UPS business also registered growth of over 7 per cent during the quarter.
He added that international demand remained strong, although geopolitical disruptions in shipping had temporarily restricted the company's ability to fulfil orders.
Chairman and Managing Director Jayadev Galla said the Lead Acid business continued to record broad-based growth, while the New Energy business maintained its growth momentum.
New Energy Business Registers Growth
Amara Raja's New Energy business also reported growth during the quarter, supported by demand for stationary telecom battery packs.
The company said its Giga Factory-1 in Telangana remained on track, while its battery energy storage system (BESS) plant was expected to become operational in November 2026.
Vikramadithya Gourineni, Executive Director, New Energy Business, said volume growth was led by the stationary segment. He added that the company expected to sustain its position in the telecom battery market as the sector transitions towards lithium technology.
H1 FY27 Revenue Increases 21.2%
For the half-year ended September 30, 2026, Amara Raja reported consolidated revenue from operations of ₹8,323.25 crore, registering a 21.2 per cent increase from ₹6,868.10 crore in the corresponding period last year.
However, consolidated net profit for the first half declined 22.2 per cent year-on-year to ₹343.42 crore from ₹441.29 crore in H1 FY26.
Profit before tax for the six-month period stood at ₹463.15 crore, compared with ₹593.74 crore in the corresponding period of the previous financial year.
