Amara Raja Energy & Mobility Limited (ARE&M) (formerly Amara Raja Batteries Limited) announced its consolidated financial results for the quarter and year ended March 31, 2025.
Revenue from operations for the year stood at ₹12,846.32 crore (₹128.46 billion), compared to ₹11,708.44 crore (₹117.08 billion) in the previous year.
Net profit after tax for the year was ₹944.67 crore (₹9.44 billion), up from ₹934.38 crore (₹9.34 billion) in the previous year.
For the quarter ended March 31, 2025, revenue from operations was ₹3,060.07 crore (₹30.60 billion) compared to ₹2,907.86 crore (₹29.07 billion) for the corresponding quarter last year.
Net profit after tax for the quarter was ₹161.57 crore (₹1.61 billion) compared to ₹229.78 crore (₹2.29 billion) for the same quarter in the previous year.
The Board of Directors has recommended a final dividend of ₹5.20 per equity share of face value of ₹1 each, subject to shareholder approval. Including the interim dividend of ₹5.30, the total dividend for FY25 amounts to ₹10.50 per share, compared to ₹9.90 per share in FY24.
During the year, the company received ₹175 crore (₹1.75 billion) as on-account payment towards the insurance claim for damages due to a fire accident at its Chittoor facility on January 30, 2023. A sum of ₹111.07 crore (₹1.11 billion), representing the difference between the cumulative amount received and the insurance claim receivable recognised in books, has been recognised as an exceptional item.
The company has determined the fair value of its investment in Log 9 Materials Scientific Private Limited at ₹Nil due to business challenges faced by Log 9. This resulted in a fair value change included in other comprehensive loss.
Jayadev Galla, Chairman & Managing Director said: "insert comment here"