Exide Industries’ net income up 16% y/y to USD107.6 mil in FY 2015/16; appoints Gautam Chatterjee as CEO
Sales decline marginally to USD1.4 billion
Indian battery supplier Exide Industries has reported a 16.1% year-on-year (y/y) growth in net profit to INR7.1 billion (USD107.6 million, 31 March 2016) for the fiscal year ended 31 March 2016, according to an Economic Times report.
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