Corporate

Exide Industries June qtr net up 49% at Rs 122 cr

Battery major Exide Industries today said its net profit rose by 48.90 per cent to Rs 122.40 crore for the quarter ended June 30, 2009, over the same period last year. - Exide net rises 9% - J&K Bank turns negative - Cipla hits fresh 52-week high, gains 2% - Volatile Sensex ends flat - Bajaj Auto Finance slips 4% on profit taking - Infotech Enterprises up 4% on profit surge The company had a net profit of Rs 82.20 crore for the same period ended June 2008, Exide Industries said in a filing to the Bombay Stock Exchange (BSE). However, the total income of the company declined to Rs 903.46 crore in the latest quarter, against Rs 908.45 crore in the same quarter a year ago. Shares of Exide Industries today closed at Rs 70.60 on the BSE, up 0.93 per cent from previous close.

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