High Energy Batteries Reports 73% Drop in Q1 Profit Amid Revenue Decline
High Energy Batteries (India) Limited experienced a significant decline in financial performance for Q1 2025-26. Revenue from operations decreased by 23.3% to ₹13.27 crore, while net profit fell by 72.9% to ₹0.78 crore compared to the same quarter last year. The company's primary segment, Aerospace Naval and Power System Batteries, saw a decrease in profit before tax and interest. The Board of Directors approved a reconstitution of the Stakeholders Relationship Committee effective July 19, 2025.
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High Energy Batteries (India) Limited , a manufacturer specializing in aerospace, naval, and power system batteries, has reported a significant decline in its financial performance for the first quarter ended June 30, 2025.
Financial Highlights
| Particulars (in ₹ crore) | Q1 2025-26 | Q1 2024-25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 13.27 | 17.30 | -23.3% |
| Total Income | 14.18 | 18.98 | -25.3% |
| Net Profit | 0.78 | 2.88 | -72.9% |
| EPS (in ₹) | 0.87 | 3.21 | -72.9% |
The company's revenue from operations decreased by 23.3% year-over-year to ₹13.27 crore in Q1 2025-26, compared to ₹17.30 crore in the same quarter of the previous year. The total income, including other income, stood at ₹14.18 crore, down 25.3% from ₹18.98 crore in Q1 2024-25.
Profit Decline
High Energy Batteries witnessed a sharp decline in its net profit, which fell by 72.9% to ₹0.78 crore in Q1 2025-26 from ₹2.88 crore in the corresponding quarter of the previous year. This significant drop in profitability reflects the challenging market conditions faced by the company during the quarter.
Segment Performance
The company's primary segment, Aerospace Naval and Power System Batteries, generated revenue of ₹13.27 crore in Q1 2025-26. However, the segment's profit before tax and interest decreased to ₹1.60 crore from ₹4.35 crore in the same quarter last year.
The Lead Acid Storage Batteries segment continued to remain suspended during the quarter.
Other Financial Metrics
- Earnings per share (EPS) for the quarter stood at ₹0.87, compared to ₹3.21 in Q1 2024-25.
- The company's total expenses for the quarter were ₹13.13 crore, down from ₹15.11 crore in the same period last year.
- Other comprehensive income for the quarter was ₹0.34 crore, contributing to a total comprehensive income of ₹1.13 crore.
Management Commentary
While the company did not provide specific management commentary in the available data, the financial results indicate a challenging quarter for High Energy Batteries. The significant decline in revenue and profitability suggests potential headwinds in the aerospace, naval, and power systems battery markets.
Corporate Governance Update
In a separate announcement, High Energy Batteries informed that its Board of Directors has approved and reconstituted the Stakeholders Relationship Committee (SRC) effective July 19, 2025. The reconstituted committee includes:
- Mrs. Lalitha Lakshmanan as Chairman of the Committee
- Mr. N Gopalaratnam as Member
- Dr. G A Pathanjali as Member
This move is in line with the company's commitment to maintaining strong corporate governance practices.
Investors and stakeholders will be keenly watching High Energy Batteries' performance in the coming quarters to see if the company can reverse the current downtrend and return to growth.
Historical Stock Returns for High Energy Batteries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.03% | -7.14% | -1.90% | +29.62% | -10.95% | +614.03% |
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