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Automotive Axles standalone net profit rises 56.72% in the September 2018 quarter

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Capital Market

Sales rise 42.54% to Rs 498.38 crore

Net profit of Automotive Axles rose 56.72% to Rs 32.05 crore in the quarter ended September 2018 as against Rs 20.45 crore during the previous quarter ended September 2017. Sales rose 42.54% to Rs 498.38 crore in the quarter ended September 2018 as against Rs 349.64 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales498.38349.64 43 OPM %11.8111.23 -PBDT59.5140.75 46 PBT47.2630.96 53 NP32.0520.45 57

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First Published: Nov 08 2018 | 10:20 AM IST

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