Exide Industries Q1 FY27 results: revenue up 18%, PAT 27%

Exide Industries has approved its unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 (Q1 FY27), following a board meeting held on Thursday, 30 July 2026. The approvals were taken on record by the board after review by the audit committee earlier the same day.

The disclosure provides the market with the first formal financial snapshot for FY27. It also comes at a time when investors are watching whether Exide can sustain revenue growth, protect margins, and execute its electric vehicle-related capital expenditure plans through its lithium-ion cell initiative.

Board meeting outcome and regulatory disclosure

The company informed that the board approved the unaudited financial results (standalone and consolidated) for the quarter ended 30 June 2026. The update was issued from the company’s registered office at Exide House, 59E Chowringhee Road, Kolkata.

Separately, Exide has also made disclosures around audited results and shareholder payouts for the year ended 31 March 2026. The board recommended a final dividend of ₹2 per equity share (face value Re 1 each, fully paid, 200%), subject to shareholder approval at the company’s 79th AGM. The record date for the final dividend was Friday, 3 July 2026, with the dividend to be paid within 30 days after the conclusion of the AGM.

Q1 FY27 headline numbers (YoY)

For Q1 FY27, Exide reported revenue of ₹5,305 crore versus ₹4,510 crore in Q1 FY26, a year-on-year increase of 17.6%. EBITDA rose to ₹655 crore from ₹548 crore, up 19.5%.

EBITDA margin improved to 12.4% from 12.2%, a 20 bps improvement. Profit before tax (PBT) increased to ₹543 crore from ₹430 crore, up 26.4%. Profit after tax (PAT) rose to ₹407 crore from ₹320 crore, up 27.1%, while EPS increased to ₹4.79 per share from ₹3.77 per share.

What earlier Q1 FY26 results showed

In the earlier quarter set (Q1 FY26, quarter ended 30 June 2025), the company had reported a strong year-on-year improvement on consolidated profitability, supported by higher revenue.

As reported in the Q1 FY26 coverage, consolidated net profit rose 24% year-on-year to ₹275 crore from ₹221 crore, while consolidated revenue from operations increased 5.9% year-on-year to ₹4,695 crore from ₹4,436 crore. Total income for that quarter was reported at ₹4,723 crore, and profit before tax improved to ₹385 crore from ₹316 crore.

On a standalone basis for Q1 FY26, the company stated that EBITDA margin improved to 12.2% during the quarter, helped by better price realisation, favourable product mix, and cost optimisation measures across manufacturing facilities.

Quarterly operating metrics from the Q1 results table

A quarterly table (all figures in ₹ crore, except per share values) for the quarter ended June 2025 (Jun 25) showed total revenue of ₹4,695.12 crore versus ₹4,435.71 crore in Jun 24, representing 5.85% YoY growth. Net income was ₹272.99 crore versus ₹220.06 crore, up 24.05% YoY.

The same table also reported operating income of ₹389.40 crore (Jun 25) versus ₹329.41 crore (Jun 24), a rise of 18.21%. Total operating expense was ₹4,305.72 crore versus ₹4,106.30 crore, and depreciation/amortisation was ₹148.94 crore versus ₹143.76 crore.

The table also listed diluted normalized EPS at 3.21 for Jun 25 versus 2.59 for Jun 24.

Lithium-ion cell manufacturing: investments and timeline

Exide’s lithium-ion cell manufacturing subsidiary, Exide Energy Solutions Ltd (EESL), was cited as seeing continued project progress. The company disclosed investments of ₹300 crore in Q1 FY26 and an additional ₹100 crore in July.

The greenfield facility was stated to be expected to begin production by the end of FY26. Separately, the broader context section also referenced a recent subsidiary investment of ₹75 crore in May 2026.

These disclosures matter because battery manufacturing is capital intensive, and execution timelines can influence near-term cash flows and medium-term growth levers.

Stock price snapshots mentioned alongside the results

Multiple market snapshots were cited across the provided information. Exide shares were reported to have closed 1.51% lower at ₹384.90 on the NSE following the Q1 FY26 results coverage.

There was also a separate snapshot showing “Current Price ₹396” with an accompanying move of 4.47% (as displayed in the data excerpt). Another earlier price panel showed ₹413.70 up 5.97% and ₹409.45 up 4.89%, with timestamps on Thursday, 2 July 2026.

These data points indicate that the stock reaction varied across different days and contexts, and should be read alongside the specific time stamp and market session referenced.

Key numbers at a glance

Market impact and what investors typically track

With Q1 FY27 revenue and profit rising sharply year-on-year, investors will likely focus on the mix of volume growth, pricing, and cost control behind the margin improvement to 12.4%. The comparison also matters because Q1 FY26 standalone EBITDA margin was cited at 12.2%.

Another focus area is the pace of investments into EESL and the stated production timeline by the end of FY26. The disclosed ₹300 crore investment in Q1 FY26 and ₹100 crore in July adds clarity on the cash commitment already made, and helps investors track execution against earlier capex expectations.

Conclusion

Exide Industries’ Q1 FY27 unaudited results show year-on-year growth across revenue, EBITDA, PBT, and PAT, with a modest improvement in EBITDA margin. Alongside financial performance, the company’s updates on lithium-ion manufacturing investments and the greenfield project timeline remain central to how the market frames Exide’s medium-term growth plans.

The next set of updates for investors will typically be further operational commentary around manufacturing progress and any additional disclosures tied to scheduled corporate meetings and shareholder approvals, including the dividend process already announced for FY26.