Mumbai, January 28, 2015: Amara Raja Batteries Limited, India's leading Industrial and Automotive Battery major has reported net sales (excluding other income) of Rs 1060 crore in Q3 FY15 (Rs 860 crore) - a 23 % growth.

The Automotive battery business continued to maintain its growth trend in four-wheeler batteries backed by improved sales in aftermarket segment in both of the preferred brands Amaron and PowerZone. The continuing volume growth in two-wheeler batteries of both Amaron and PowerZone brands has been a significant contributing factor to the business. Enhancement in value of our brands helped us in gaining market share in both four and two-wheeler segments. Amaron has been awarded as one of Asia's most promising brands for the year 2013-14.

The Industrial Battery business registered double digit revenue growth aided by optimal product mix and strong demand for the company's products.

The continuing strong performance of industrial battery business is because of its "preferred supplier status" with all major customers, backed by timely supplies, efficient after sales service, customer relationship management and consistent product performance. The Company has progressively started providing total solutions to customers enabling it to forge strategic alliances.

Commenting on the Q3 performance, Mr Jay Galla, Vice Chairman & MD, Amara Raja Batteries Limited said, "We are delighted to report the continuing growth momentum of the company that is reflected by the growth in revenues and profit. The green field expansion project of four-wheeler automotive batteries facility is nearing completion and the project for addition of two lines for expanding two-wheeler batteries capacity and tubular batteries are progressing as per plan.

Commenting on the Q3 performance, Mr S V Raghavendra, Chief Financial Officer, said, "The company continues to perform as per the plan and the financial position of the company is robust to support further opportunities for growth. All functions in the company are well poised and integrated for reaping the benefits of the evolving government policies and the resultant opportunities"