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Automotive Axles standalone net profit rises 5.87% in the March 2019 quarter

Capital Market 

Sales rise 2.56% to Rs 481.09 crore

Net profit of rose 5.87% to Rs 29.95 crore in the quarter ended March 2019 as against Rs 28.29 crore during the previous quarter ended March 2018. Sales rose 2.56% to Rs 481.09 crore in the quarter ended March 2019 as against Rs 469.07 crore during the previous quarter ended March 2018.

For the full year,net profit rose 44.82% to Rs 121.55 crore in the year ended March 2019 as against Rs 83.93 crore during the previous year ended March 2018. Sales rose 27.62% to Rs 1939.04 crore in the year ended March 2019 as against Rs 1519.37 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales481.09469.07 3 1939.041519.37 28 OPM %12.1611.67 -11.8110.99 - PBDT58.9855.42 6 231.50171.02 35 PBT48.9843.53 13 185.31127.81 45 NP29.9528.29 6 121.5583.93 45

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

First Published: Mon, May 13 2019. 14:42 IST
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