Exide Industries Ltd. — Earnings Release 2021

Jul 30, 2021

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& EXIDE

Ref no.: EIL/SEC/2021-22/30

Ref no.: EIL/SEC/2021-22/30	Ref no.: EIL/SEC/2021-22/30
30thJul,2021
	The Secretary	The Secretary
	The Calcutta Stock Exchange Limited	BSE Limited
	7 Lyons Range	PhirozeJeejeebhoy Towers
	Kolkata - 700 001	Dalal Street, Mumbai - 400 001
	CSE Seri Code: 15060 & 10015060	BSE Seri Code: 500086
	The Secretary
	National Stock Exchange of India Limited
	Exchange Plaza, 5th Floor,
	Plot no. C/1, G Block
	Bandra-Kurla Complex, Bandra (E),
	Mumbai - 400 051
	NSE S mbol: EXIDEIND

Dear Sir,

Re: Outcome of Board Meeting held on 30[th ] July, 2021

This is in furtherance to our letter dated 30th June, 2021, communicating the date of board meeting for consideration of Unaudited Financial Results for the quarter ended 30[th ] June, 2021. Please find enclosed the Unaudited Financial Results (Consolidated and Standalone) for the quarter ended 30[th ] June, 2021 which was approved and taken on record by the Board of Directors at its meeting held today i.e. 30[th ] July, 2021. The said results were reviewed by the Audit Committee of directors at its meeting held earlier today. A copy of the Limited Review Report by the auditors on the said financial results is also enclosed.

The copy of the Press Release being issued in this regard is also attached.

The board meeting commenced at 2.00 P.M. and concluded at 3.00 PM.

This communication is also being uploaded on the website of the Company at www.exideindustries.com.

We request you to kindly take the same on record and acknowledge receipt

Thanking you.

Yours faithfully, For Exide Industries Limited Jit�' Company Secretary and President- Legal & Corporate Affairs ACS No. 11159

Encl:

• Unaudited Standalone and Consolidated Financial results

• Limited Review report (Standalone & Consolidated)

• Advance Press Release

Exide Industries Limited, Exide House, 59E Chowringhee Road, Kolkata-700 020 Phone : (033) 2302-3400, Fax: (033) 2283-2642/37 e-mail : exideindustrieslimited@exide.co.in,www.exideindustries.com GIN: L31402WB1947PLC014919

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&EXIDE

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Press Release

EXIDE REPORTS 185%, GROWTH IN BOTTOM LINE FOR THE FIRST QUARTER OF FY 2021-22

Kolkata, July, 30, 2021: Exide lndustries Limited. on Friday reported Net Turnover of Rs. 2-486.40 crores for the quarter ended June 30, 2021 as compared to Net Turnover Rs. L54 7.62 crores recorded during the quatier ended June 30, 2020, registering an impressive growth of 61 %. Profit Before Tax (PBT) and Profit After Tax (PAT) for the same quarter ended June 30, 2021, were recorded at Rs. 163 .95 crores and Rs. 125 .42 crores respectively, as against Profit Before Tax and Profit After Tax of Rs. 62.73 crores and Rs. 43.95 crores for corresponding quarter ended June 30, 2020, with a growth of 161 % and 185% respectively.

Mr Subir Chakrabmiy, MD & CEO, while commenting on Company's overall performance in the first quarter of FY 2021-22, said that despite Covid related business disruptions during major part of the quaiier, the Company has achieved an impressive growth in both Automotive and Industrial divisions. While replacement volume for both Automotive and UPS batteries remain extremely encouraging, Infra, OEM and Expo1i markets registered better than expected growth during the quarter. As an ongoing focus area, Sales Transformation and Cost Compression remain the core strategies to improve efficiencies within the company.

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Managing Director & Chief Executive Officer Exide Industries Limited

Exide Industries Limited, Exide House, 59E Chowringhee Road, Kolkata-700 020 Phone: (033) 2302-3400, Fax: (033) 2283-2642/37 e-mail:exideindustrieslimited@exide.co.in,www.exideindustries.com CIN: L31402WB1947PLC014919