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Automotive Axles standalone net profit declines 80.53% in the September 2019 quarter

Capital Market 

Sales decline 59.86% to Rs 200.05 crore

Net profit of Automotive Axles declined 80.53% to Rs 6.24 crore in the quarter ended September 2019 as against Rs 32.05 crore during the previous quarter ended September 2018. Sales declined 59.86% to Rs 200.05 crore in the quarter ended September 2019 as against Rs 498.38 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales200.05498.38 -60 OPM %8.4611.81 -PBDT18.6859.51 -69 PBT9.5447.26 -80 NP6.2432.05 -81

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

First Published: Tue, November 05 2019. 09:49 IST
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