Exide Industries Q4 Net Profit Down 13%

Exide Industries Ltd reported a 13% drop in its fourth-quarter net profit. Exide Industries' quarterly net profit declined to INR1.43 billion, versus INR1.64 billion, in the year-ago period. Its sales climbed 18% to INR14.46 billion from INR12.24 billion. Total costs jumped 22.5% to INR12.62 billion versus INR10.35 billion.