Amara Raja reports ‘continued demand slowdown’

Amara Raja Batteries Ltd, India’s biggest manufacturer of lead acid batteries, reported a modest increase in revenue, and said it continued to face a demand slow down in its key markets of automobiles and telecom. “The automotive sector is facing challenges of demand uncertainty due to social, regulatory and technological changes,” said Vice Chairman and […]

Amara Raja to make advanced batteries with Johnson Controls

Amara Raja Batteries, India’s largest battery maker, said it has agreed to license stamping technology from Johnson Controls, one of the world’s largest automotive parts makers, used to make lead acid batteries. “The company has entered into an agreement with Johnson Controls Technology Company (JC), USA for acquiring the license for manufacturing advanced stamped grid […]

Amara Raja Batteries sees telecom impact on Q2 sales

Amara Raja Batteries reported a modest improvement in its results for the September quarter, with operating profit edging above last year’s level by a whisker. Growth would have been faster, if it hadn’t been for the disruption in the telecom market, the company said. The company’s revenue increased compared to the same quarter last year, […]