<p>Battery maker Exide Industries on Tuesday posted a 3.81 per cent increase in consolidated net profit at Rs 256.62 crore for the quarter ended September.</p>.<p>The company had reported a net profit of Rs 247.18 crore during the July-September period of the preceding fiscal.</p>.<p>Revenue from operations rose to Rs 4,011.39 crore for the quarter under review, as against Rs 3,778.51 crore in the year-ago period, Exide Industries said in a regulatory filing.</p>.<p>Exide Industries MD and CEO G Chatterjee said there was an improvement in demand for replacement sales of automotive and UPS batteries during the second quarter.</p>.<p>Demand from original equipment manufacturers (OEMs) and other institutional customers also started showing some positive traction towards the latter part of the quarter, he noted.</p>.<p>The company is focussing on cost control, technology upgradation and cash flow management as strategies to improve profitability and liquidity, Chatterjee added.</p>
<p>Battery maker Exide Industries on Tuesday posted a 3.81 per cent increase in consolidated net profit at Rs 256.62 crore for the quarter ended September.</p>.<p>The company had reported a net profit of Rs 247.18 crore during the July-September period of the preceding fiscal.</p>.<p>Revenue from operations rose to Rs 4,011.39 crore for the quarter under review, as against Rs 3,778.51 crore in the year-ago period, Exide Industries said in a regulatory filing.</p>.<p>Exide Industries MD and CEO G Chatterjee said there was an improvement in demand for replacement sales of automotive and UPS batteries during the second quarter.</p>.<p>Demand from original equipment manufacturers (OEMs) and other institutional customers also started showing some positive traction towards the latter part of the quarter, he noted.</p>.<p>The company is focussing on cost control, technology upgradation and cash flow management as strategies to improve profitability and liquidity, Chatterjee added.</p>