Exide Industries Limited announced its 78th Annual General Meeting (AGM) will be held on Saturday, 26th July 2025, at 10:30 a.m. via Video Conferencing/Other Audio-Visual Means. The company has submitted its Integrated Annual Report for the financial year 2024-25, which includes the Business Responsibility and Sustainability Report (BRSR), to the exchanges. The report is being sent electronically to shareholders and is also available on the company's website.

Key financial highlights for FY 2024-25:

• Standalone revenues reached ₹16,588 Crore.
• Profit After Tax (PAT) was ₹1,077 Crore, compared to ₹1,053 Crore in the previous year.
• EBITDA stood at ₹1,893 Crore.
• The company maintains a zero debt-to-equity ratio and reported a market capitalization of ₹30,638 Crore as of 31st March 2025.

Strategic initiatives and future outlook:

• The lithium-ion project under Exide Energy Solutions Limited (EESL) is in advanced stages, with commercial production expected to begin by the end of FY 2025-26.
• Exide invested nearly ₹1,000 Crore in EESL in FY 2024-25, with an additional ₹300 Crore equity in April 2025, bringing the total equity investment to ₹3,602 Crore.
• The company is focused on sustainable growth, using 75% recycled lead/lead alloys and 16% recycled plastic in its products.
• 20% of electricity consumption is from renewable sources, and 15% of last-mile volume deliveries are through Electric Vehicles (EVs).

Management comments:

• Chairman, Sridhar Gorthi, highlighted the company's unique position to cater to evolving energy needs through investments in lithium-ion technology and the enduring strength of its lead-acid battery business.
• Managing Director & CEO, Avik Roy, reiterated the commitment to a balanced approach, investing in both core lead-acid and growing lithium-ion businesses to remain relevant today and prepare for tomorrow's energy needs.