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Automotive Axles standalone net profit rises 191.17% in the December 2020 quarter

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Capital Market

Sales rise 65.12% to Rs 271.97 crore

Net profit of Automotive Axles rose 191.17% to Rs 13.19 crore in the quarter ended December 2020 as against Rs 4.53 crore during the previous quarter ended December 2019. Sales rose 65.12% to Rs 271.97 crore in the quarter ended December 2020 as against Rs 164.71 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales271.97164.71 65 OPM %9.368.98 -PBDT26.4515.89 66 PBT17.276.80 154 NP13.194.53 191

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First Published: Feb 06 2021 | 8:07 AM IST

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