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Automotive Axles standalone net profit declines 85.17% in the December 2019 quarter

Capital Market 

Sales decline 66.09% to Rs 164.71 crore

Net profit of Automotive Axles declined 85.17% to Rs 4.53 crore in the quarter ended December 2019 as against Rs 30.55 crore during the previous quarter ended December 2018. Sales declined 66.09% to Rs 164.71 crore in the quarter ended December 2019 as against Rs 485.78 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales164.71485.78 -66 OPM %8.9811.48 -PBDT15.8956.35 -72 PBT6.8044.90 -85 NP4.5330.55 -85

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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, February 14 2020. 15:44 IST
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