Exide Industries reported the financial results for the quarter.

Q2 FY26 revenue was 4,178 Cr (-2% YoY), with PAT at 221 Cr (-26% YoY). For the half-year, H1 FY26 revenue grew 1% to 8,688 Cr, though PAT dipped 6% to 541 Cr.

The company maintains a debt-free status, strong working capital, and a core ROCE of 16.3% (Sep '25), with a market capitalization of 33,214 Cr.

Strategic focus targets "Sustained Profitable Growth" by tapping new market spaces, enhancing customer engagement, accelerating digitization, and boosting operational efficiency.

Long-term drivers include growth in mobility, solar, and infrastructure sectors.

A key development is the significant progress on its Lithium-ion cell manufacturing plant (Exide Energy), with production validation trials for Line 1 expected in Q3. Exide also secured OEM wins with Maruti E-Vitara and TATA Sierra for auxiliary batteries and launched the "Invazen" product range.

New projects are funded via internal accruals, leveraging a solid financial foundation.