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Exide Posts Profit Of Rs 208 Cr In Q4, Misses Its Forecast Due To Excessive Costs

Indian lead-acid battery maker Exide Industries reported a lower-than-expected quarterly profit on Monday, hurt by higher raw material costs. Exide’s net profit after tax was at Rs 208 crore for the quarter that ended 31 March, while analysts on average expected a gain of Rs 252 crore, according to Refinitiv IBES data. The company’s Rs […]

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