Amara Raja Q1 profit rises 16%; new energy business shows signs of improvement

Amara Raja Energy & Mobility's Q1 net profit rose 15.8% to ₹191 crore.
Consolidated revenue increased 24% to ₹4,214.5 crore, driven by lead-acid batteries and allied products.
New energy business revenue rose to ₹209.30 crore, with a narrowed loss of ₹22.05 crore.
Shares traded at ₹905.90, down 2.82% post-earnings.