Shanghai (China), January 21, 2010: Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery company (BSE Code: 500008 & NSE Symbol: AMARAJABAT), has earned a net profit of Rs. 399 million for the third quarter(Q3) ended December 31, 2009, recording a growth of 113% over Q3 of 2008-09. Net Income for Q3 of 2009-10 stood at 3,674 Million (Net Sales: Rs.3,668 million + other income: Rs 6 million). For the nine months period ended December 31,2009, the Company earned Profit Before Tax (PBT) of Rs.1,986 million and Profit After Tax (PAT) of Rs.1,303 million, resulting in a growth of more than 146% and 148% respectively as compared to the corresponding period ended December 31,2008.

Value in Millions INR
	Nine Months Ended		Full Year
Particulars	31-Dec-09	31-Dec-08	2008-09
Net Sales	10,327	9,848	13,132
PBT	1,986	805	1,227
PAT	1,303	524	805

The industrial batteries business has continued to maintain dominant market share in served markets. Telecom industry has witnessed a slowdown in network infrastructure roll out due to improved efficiencies in use of tower infrastructure and telecom equipment despite which the division has performed well. The enhanced medium VRLA capacity and continued improvement in railways and power control off take has enabled the business vertical to post reasonable numbers. The recovery of momentum in telecom network expansion plans and our position as preferred vendor status with key customer will determine the performance going forward.

The automotive batteries business continues its growth momentum backed by strong off take by OE customers and commercial vehicle segment. The aftermarket demand continues to be robust, aided by our leading brands viz., Amaron, Powerzone and Amaron Probike Rider. With the demand outlook for the automotive industry continues to be encouraging, this business vertical hopes of achieving strong growth in the next few quarters.

Commenting on the performance Mr.Jayadev Galla, Managing Director said: “Amara Raja has yet again posted impressive results for the third consecutive quarter in this difficult year. Our investments ahead of time, automotive industry recovery and the strength of our business model has enabled us to post good results. The high volatility in lead prices and the sluggish demand in the telecom sector, we are cautiously optimistic of our performance for the next quarter, he added.”

About Amara Raja Batteries Ltd

About Amara Raja Batteries Limited, an Amara Raja- Johnson Controls company with 26% equity from Johnson Controls, is the technology leader and is one of the largest manufacturers of lead acid batteries for both industrial and automotive applications in the Indian storage battery industry.

In India, Amara Raja is the preferred supplier to major telecom service providers, telecom equipment manufacturers, UPS Segments (OEM &Replacement), Indian railways and to power, Oil & Gas among other industry segments. Amara Raja manufactures and sells automotive batteries under the Brand Name AMARON which is distributed through a large pan-India sale-service retail network.

Company supplies automotive batteries under OE relationships to Ashok Leyland, General motors, Hindustan Motors, Honda, Mahindra & Mahindra, Maruti, Hyundai and Tata Motors. The company is an exclusive supplier to Daimler Chrysler, Ford and Swaraj Mazda. The company’s Industrial and Automotive batteries are exported to Asia Pacific, Africa and the Middle East.

Johnson Controlsis a global leader in interior experience, building efficiency and power solutions. The company provides innovative automotive interiors that help make driving more comfortable, safe and enjoyable. For buildings it offers products and services that optimize energy use and improve comfort and security. Johnson Controls also provides batteries for automobiles and hybrid electric vehicles, along with system engineering and service expertise. Johnson Controls (NYSE: JCI), founded in 1885, is head quartered in Milwaukee, Wisconsin. Its sales for 2009 totalled US $ 28.5 billion.

Safe Harbor
Some of the statements in this news release that are not historical facts are forward looking statements. These forward looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward looking statements. These risks include, but are not limited to, the level of the market demand for our products, the highly competitive market for the types of the products that we offer, market condition that would cause our customers to reduce their spending for our products, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and otherwise not specifically mentioned herein but those that are common to industry.

Media Contact
Rashi Gupta
Ogilvy Public Relations Worldwide, Chennai
Mobile : 9884075101
rashi.gupta@ogilvy.com

Vinod Kumar
Ogilvy Public Relations Worldwide, Chennai
Mobile : 9840126179
vinod.kumar@ogilvy.com