EXIDEIND Exide Industries Q2 FY26 results (Jul–Sep 2025) and concall
Exide Industries reported a challenging Q2 FY26 with a 2.1% degrowth, primarily attributed to destocking post-GST rate cuts and input cost pressures. However, H1 FY26 still saw modest 1.3% growth, with strong underlying demand indicated by October retail sales. The company maintained a strong balance sheet with zero debt and significant cash generation. The lithium-ion project is on track for production by end of FY26, and management anticipates a rebound in demand and improved margins in coming quarters.
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What they filed
Q2 FY26: revenue down 1.9%, net profit down 25.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 4,450 | 4,017 | 4,335 | 4,695 | 4,365 −2% |
| EBITDA | 472 | 425 | 428 | 538 | 391 −17% |
| Net profit | 233 | 158 | 188 | 275 | 174 −25% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
