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MOTORINDIA
l
June 2012
Amara Raja
clocks highest-ever revenue
of Rs. 2,000 million
Amara Raja Batteries Ltd.
(ARBL) has announced a top
line growth of 34 per cent for the
financial year 2011-12, recording
a net revenue of Rs. 23,674 mil-
lion (excluding other income) as
compared to Rs. 17,611 million
in 2010-11. Profit after tax stood
at Rs. 2,151 million, recording a
growth of 45 per cent as against
Rs. 1,481 million of the previous
year.
The company’s automotive
battery business reported 39 per
cent increase in sales revenue
enabled by good volume growth
of 19 per cent and 26 per cent in
4-wheeler and 2-wheeler batter-
ies respectively over the previous
financial year. The period under
review also witnessed double-
digit volume growth in automotive
OEM business, despite muted au-
tomobile production in the country
due to adverse macro-economic
conditions.
The aftermarket business saw
substantial volume growth in both
4-wheeler and 2-wheeler seg-
ments, due to strong demand for
Amaron and PowerZone batteries
from consumers.
The export business continues to
grow in the Middle East Asia with
enrolment of more distributors.
The Amaron brand is well accept-
ed in various countries across the
Indian Ocean Rim, built through
focused effort over the years.
Commenting on the full year
performance, Mr. Jayadev Galla,
Managing Director, Amara Raja
Batteries, said: “We are pleased
to report the highest-ever sales
and profitability numbers of the
company for 2011-12, despite
uncertainty in the telecom sector
and slowdown in the automobile
industry. Both our industrial and
automotive battery units have re-
ported double-digit growth and
gained market shares. The con-
tinuing Eurozone crisis, the vola-
tile rupee and high inflation are
causes for concern as we step into
the next financial year. However,
the softening lead prices and our
capability to perform with differ-
entiated strategy will help us to
sustain the growth momentum.”
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batteries
Mr. Jayadev Galla, Managing Director
Sri Guruvayurappan Automobile
wins Amaron award
Sri Guruvayurappan Automobile of Coimbatore was ad-
judged the winner of the Best Service Franchisee catagory
in the southern region (Tamil Nadu, Kerala, Karnataka and
Andhra Pradesh) for 2011-12 at the F1 Meet of Amaron held
in Hong Kong during March 19-23.
During 2010-2011 also, the company won the Service Ex-
cellence Award on all-India basis for Amaron.
Picture shows, Mr. C. Ashokhan, Managing Partner, Sri
Guruvayurappan Automobile, (left), receiving the award.
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