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Automotive Axles standalone net profit declines 15.10% in the June 2019 quarter

Capital Market 

Sales decline 11.68% to Rs 418.45 crore

Net profit of Automotive Axles declined 15.10% to Rs 24.62 crore in the quarter ended June 2019 as against Rs 29.00 crore during the previous quarter ended June 2018. Sales declined 11.68% to Rs 418.45 crore in the quarter ended June 2019 as against Rs 473.79 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales418.45473.79 -12 OPM %11.6611.80 -PBDT49.8456.65 -12 PBT40.4744.17 -8 NP24.6229.00 -15

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 16 2019. 11:13 IST
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