Automotive Axles net profit declines 86.96% in the March 2013 quarter

Net profit of Automotive Axles declined 86.96% to Rs 2.51 crore in the quarter ended March 2013 as against Rs 19.25 crore during the previous quarter ended March 2012. Sales declined 44.82% to Rs 163.03 crore in the quarter ended March 2013 as against Rs 295.44 crore during the previous quarter ended March 2012. ParticularsQuarter EndedMar. 2013Mar. 2012% Var.Sales163.03295.44 -45 OPM %7.3412.47 -41 PBDT9.8835.62 -72 PBT3.2628.74 -89 NP2.5119.25 -87

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