Automotive Axles standalone net profit rises 772.09% in the September 2014 quarter

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Sales rise 51.43% to Rs 180.43 crore
Net profit of Automotive Axles rose 772.09% to Rs 3.75 crore in the quarter ended September 2014 as against Rs 0.43 crore during the previous quarter ended September 2013. Sales rose 51.43% to Rs 180.43 crore in the quarter ended September 2014 as against Rs 119.15 crore during the previous quarter ended September 2013.For the full year,net profit rose 43.15% to Rs 18.18 crore in the year ended September 2014 as against Rs 12.70 crore during the previous year ended September 2013. Sales rose 5.38% to Rs 675.97 crore in the year ended September 2014 as against Rs 641.47 crore during the previous year ended September 2013.
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First Published: Nov 25 2014 | 5:40 PM IST