Shares of Amara Raja Energy & Mobility Ltd were trading 3.60% lower at ₹1,324.80 on the NSE as of 9:53 am, following the release of its Q2 FY25 financial results that fell short of market expectations.
Q2 FY25 Financial Highlights:
- Revenue: Increased by 11.5% YoY to ₹3,135.83 crore, below Bloomberg’s estimate of ₹3,351 crore.
- EBITDA: Up 7.5% YoY to ₹441 crore, missing the estimate of ₹458.5 crore.
- EBITDA Margin: Recorded at 14.1%, a 50 basis point increase YoY, but below the estimated 13.7%.
- Net Profit: Rose 6.32% YoY to ₹240.71 crore, short of the estimated ₹265 crore.
This decline in stock price reflects the market’s reaction to the company’s Q2 performance, which, despite showing growth, missed analysts’ projections for both EBITDA and net profit. The results underscore the company’s ongoing investment in its giga factory initiative, positioning it for future growth in the battery and energy sector.
