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Automotive Axles standalone net profit rises 23.82% in the September 2016 quarter

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Capital Market

Sales decline 17.86% to Rs 223.43 crore

Net profit of Automotive Axles rose 23.82% to Rs 9.72 crore in the quarter ended September 2016 as against Rs 7.85 crore during the previous quarter ended September 2015. Sales declined 17.86% to Rs 223.43 crore in the quarter ended September 2016 as against Rs 272.01 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales223.43272.01 -18 OPM %10.898.13 -PBDT24.5520.90 17 PBT14.9011.94 25 NP9.727.85 24

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First Published: Nov 07 2016 | 8:00 AM IST

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