Exide Industries Production Started
Exide Industries' subsidiary, Exide Energy Solutions, has commissioned a 6 GWh Phase-I lithium-ion cell manufacturing facility in Bengaluru.
- lithium-ion cell manufacturing capacity
- 6.0 GWh
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Exide Industries' subsidiary, Exide Energy Solutions, has commissioned a 6 GWh Phase-I lithium-ion cell manufacturing facility in Bengaluru.
Exide Industries entered a long-term strategic cooperation agreement with ExCom Energy Solutions GmbH to develop industrial battery solutions across the European Economic Area.
Exide Q1 FY27 results show strong core lead-acid growth alongside milestone customer samples from the new lithium-ion gigafactory. Management remains optimistic but avoids specific numerical guidance for the new lithium business.
Exide Q1 FY27 revenue grew 17.6% YoY to Rs. 5,305 Cr, with PAT up 27.1% to Rs. 407 Cr. Management is pivoting from lead-acid leadership to a major lithium-ion expansion.
Exide Industries Ltd reported revenue from operations of ₹5,528 Cr (+17.7% YoY) and net profit of ₹351.3 Cr (+27.9% YoY) for Q1 FY27.