Hot Pursuit     17-Feb-22
Kabra Extrusiontechnik rises on subsidiary's battery supply deal with BGauss
Kabra Extrusiontechnik advanced 3.56% to Rs 475 after the company's announced Battrixx will be supplying the advanced range of lithium-ion battery packs with smart batteries designed by BGauss for its range of high-speed e-two-wheelers.

Battrixx is the battery division of Kabra Extrusiontechnik (KET), which is part of the Kolsite Group. It provides a wide range of advanced lithium-ion battery packs with smart battery management system (BMS).

BGAUSS is a dynamic, stylish, premium-yet-affordable automobile brand and is part of RR Global, a prominent conglomerate in the electrical industry.

With this deal, Battrixx will be equipping 50,000 BGauss e-two-wheelers with its cutting-edge battery packs, thereby strengthening the company's resolve to power the growth of India's transition to green energy storage and electric transportation.

Anand Kabra, vice chairman & managing director, Kabra Extrusiontechnik, said: “Electric mobility in India continues to gain momentum with the EV two-wheeler industry seeing a 132% growth in sales last year. We are onboarding new customers each month and we are glad to associate with BGauss to power their high-speed e-two-wheelers which will enable a revolution in the high-speed two-wheeler space.”

Kabra Extrusiontechnik is India's largest manufacturer of plastic extrusion machinery for last more than 4 decades and recently ventured into manufacturing of lithium-ion battery packs.

The company's consolidated net profit rose 50.77% to Rs 8.76 crore on a 69.94% increase in sales to Rs 105.36 crore in Q3 FY22 over Q3 FY21.

Previous News
  Kabra Extrusion Technik standalone net profit rises 61.17% in the March 2015 quarter
 ( Results - Announcements 26-May-15   17:50 )
  Kabra Extrusion Technik consolidated net profit rises 44.66% in the September 2022 quarter
 ( Results - Announcements 01-Nov-22   18:12 )
  Kabra Extrusion Technik standalone net profit rises 663.87% in the September 2018 quarter
 ( Results - Announcements 18-Nov-18   17:17 )
  Kabra Extrusion Technik fixes record date for dividend
 ( Market Beat - Reports 11-May-23   17:15 )
  Kabra Extrusion Technik to conduct board meeting
 ( Corporate News - 26-Apr-24   10:27 )
  Kabra Extrusion Technik schedules board meeting
 ( Corporate News - 18-Jan-19   10:29 )
  Kabra Extrusion Technik to discuss results
 ( Corporate News - 12-Jan-22   16:17 )
  Kabra Extrusion Technik standalone net profit rises 1285.48% in the June 2016 quarter
 ( Results - Announcements 20-Jul-16   17:41 )
  Kabra Extrusiontechnik recommends bonus issue
 ( Corporate News - 26-Jul-10   14:03 )
  Kabra Extrusion Technik to convene board meeting
 ( Corporate News - 06-Jul-20   10:33 )
  Kabra Extrusion Technik to consider fund raising options
 ( Corporate News - 23-Dec-21   09:53 )
Other Stories
  Shalby drops after PAT slides 20% YoY to Rs 16 cr in Q1 FY25
  08-Jul-24   16:01
  Tata Steel Production rises 5% YoY in Q1 FY24
  08-Jul-24   15:54
  PC Jeweller soars after PNB approves settlement
  08-Jul-24   15:26
  Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II
  08-Jul-24   15:22
  GE Power sizzles after NTPC order win
  08-Jul-24   15:02
  Patel Engineering Ltd leads losers in 'A' group
  08-Jul-24   15:01
  Sundaram Multi Pap Ltd leads losers in 'B' group
  08-Jul-24   14:46
  Marine Electricals jumps after order win
  08-Jul-24   14:33
  Volumes soar at Metro Brands Ltd counter
  08-Jul-24   14:30
  Bank of India Q1 domestic deposits grow 10% YoY
  08-Jul-24   14:25
Back Top