Exide Industries, the country's largest stored energy solutions provider, announced a good increase in standalone net profit for the quarter ended June 2016. During the quarter, the profit of the company rose 25.91% to Rs 1,960.50 million from Rs 1,557.10 million in the same quarter previous year.

Revenues for the quarter rose 11.07% to Rs 20,111.00 million, compared with Rs 18,106 million for the prior year period.

Operating margin for the quarter stood at 15.66 percent as compared to 14.66 percent for the previous year period. Operating Income for the quarter was Rs 3,149.60 million, compared with Rs 2654.5 million in the previous year period.

Earnings per share for the quarter stood at Rs 2.31, registering 26.23% growth over previous year period.