Kolkata, Feb 4 (IANS) Exide Industries on Monday posted a net profit of Rs 155.04 crore in the third quarter of the current fiscal, up marginally as against Rs 154.27 crore in the same period last year.
Its net turnover for the quarter under review was at Rs 2,496.84 crore, up by 9.59 per cent from Rs 2,278.29 crore in the corresponding quarter of the previous fiscal.
The battery maker's Managing Director and CEO G. Chatterjee said that volumes in automotive, motorcycles, UPS and solar batteries in the third quarter have grown quite well.
The company is focusing on cost control and technology upgradation as strategies to improve the bottom-line.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz