Amara Raja Q2 Net Profit Declines 45 Percent to Rs 152 Crore

Amara Raja reported a 44.9 percent year-on-year decline in consolidated net profit to Rs 152.48 crore for Q2 FY27, down from Rs 276.49 crore in the corresponding period of the previous financial year.

On a sequential basis, consolidated net profit fell 20.1 percent compared to Rs 190.94 crore recorded in Q1 FY27. The reduction in profitability was primarily driven by higher raw material expenses, elevated operational outlays, and a higher comparative base in Q2 FY26 which included an exceptional item net gain of Rs 121.79 crore.

Consolidated revenue from operations for Q2 FY27 expanded 18.5 percent year-on-year to Rs 4,108.71 crore against Rs 3,467.02 crore in Q2 FY26, though it contracted 2.5 percent sequentially from Rs 4,214.54 crore in Q1 FY27.

Total consolidated expenses rose 20.6 percent year-on-year to Rs 3,922.81 crore compared to Rs 3,252.04 crore in the year-ago quarter, driven mainly by raw material consumed rising to Rs 2,714.87 crore from Rs 2,096.41 crore. Sequential expenses dropped 1.4 percent from Rs 3,979.41 crore in Q1 FY27.

On a standalone basis, revenue from operations grew 13.4 percent year-on-year to Rs 3,843.25 crore from Rs 3,388.18 crore, while standalone expenses rose 15.4 percent to Rs 3,610.76 crore from Rs 3,128.50 crore.

Standalone net profit after tax stood at Rs 188.30 crore, down 37.7 percent year-on-year from Rs 302.40 crore in Q2 FY26.

Alongside its financial results, the board also noted a capex approval of Rs 2,320 crore granted by its wholly owned subsidiary Amara Raja Advanced Cell Technologies to expand pack manufacturing capacity from 4 GWh to 9 GWh and set up an LFP cell manufacturing plant at its Giga Corridor in Telangana over the next 30 months.