New Delhi, July 10 -- India's largest battery maker, Exide Industries Ltd, expects to book its first revenue from electric vehicle cell manufacturing in the October to December quarter of the financial year 2027, becoming one of the first homegrown manufacturers to monetise locally made lithium-ion cells through sales to external customers.

Speaking after the company's annual general meeting on Friday, chief executive Avik Roy said Exide will begin supplying LFP (lithium iron phosphate) cells to a three-wheeler customer, with commercialisation of NMC (nickel manganese cobalt) cells for two-wheelers to follow.

The guidance comes barely a month after Tata Agratas said it expects to generate about Rs.400 crore in revenue from its cell busi...