Exide Industries Ltd (EXIDEIND)
Press Release
Exide India and ExCom GmbH, Germany, entered a long-term strategic cooperation for industrial battery and energy storage systems across the European Economic Area (EEA). ExCom will lead customer development, distribution, and technical support in the region. The partnership focuses on traction and motive-power batteries for material handling and stationary battery systems. Future plans include advanced chemistry solutions. The collaboration combines Exide's manufacturing and technology with ExCom's market presence and engineering expertise.
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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