Exide Industries witnessed a 13.66% dip in consolidated profit for the September quarter, despite a rise in revenue. The company’s profits were impacted by increased expenses, even as demand in sectors like two-wheeler, four-wheeler, and industrial-UPS remained strong.
Venkatesh Balasubramaniam on sector winners and losers if Trump or Harris wins
Meanwhile, Trump’s position of imposing higher taxes on China, which is almost 60% or more, could be beneficial for the likes of exporters from India,