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Amararaja Batteries limited reports 12.1% growth

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Amararaja Batteries limited reports 12.1% growth in revenue for the year ended March 31, 2019

» Revenue of Rs. 6793 Cr

» PAT of Rs. 483 Cr

Hyderabad, May 15, 2019: Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major (B5E: 500008 & N5E Code: #AMARAJABAT) today reported a revenue of Rs 1,566.73 Cr in Q4 FY 19 (Rs 1580.74 Crs) with a growth of (-0.9%) and profit after tax (PAT) of Rs. 119.34 Crs (Rs 109.80 Crs). The Earnings Per Share (EPS) for Q4 was at Rs. 6.99

Amararaja Batteries limited reports 12.1% growth
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The Company reported for the financial year 2018-19 a revenue of Rs. 6,793.11 Crs (Rs 6,059.15 Crs) with a growth of 12.1% and profit after tax (PAT) of Rs.483.49. Crs (Rs 471.32 Crs) The Earnings Per Share (EPS) for FY 2018-19 was at Rs. 28.31

The Board of the Company, which met today, amended the Dividend Distribution Policy and enhanced the dividend payout limit from existing “15%” to “30%” of PAT (excluding corporate dividend tax). The Board recommended a final dividend of Rs. 5.08 per share (face value of Re. 1/- each) at 25% of PAT, subject to the approval of the shareholders at the ensuing Annual General Meeting. In November 2018, the Board declared and paid an interim dividend of Rs. 2 per equity share of” 1 each (200%). The total dividend for the financial year ended March 31, 2019, including the proposed final dividend amounts to Rs. 7.08 per share, which is line with the revised dividend distribution policy of the Company. Read More

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