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Amara Raja Batteries on Wednesday said its consolidated net profit increased by 53 per cent to Rs 222 crore for the third quarter ended December 2022.

The company had reported a net profit of Rs 145 crore in the October-December period of last fiscal.

Total income rose to Rs 2,664 crore in the third quarter as against Rs 2,385 crore in the year-ago period, the company said in a regulatory filing.

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Shares of the company declined by 1.14 per cent to Rs 566 apiece on the BSE. PTI MSS SHW