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Exide aims at Rs 20,000 cr topline in 2-3 yrs

Summary by NewsDrum
Kolkata, May 13 (PTI) Exide Industries on Tuesday said it is targeting a revenue of Rs 20,000 crore over the next two to three years, banking on steady growth in its lead-acid battery business.The company recorded a revenue of Rs 16,588 crore in FY'25.The battery maker also plans to invest Rs 1,600-1,700 crore in the current fiscal, covering both lithium-ion cell manufacturing and the lead-acid segment, an official said."Our business outlook rem…
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NewsDrum broke the news in on Tuesday, May 13, 2025.
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