GNA Axles standalone net profit declines 34.41% in the March 2022 quarter

Sales decline 3.11% to Rs 300.48 crore

Net profit of GNA Axles declined 34.41% to Rs 18.13 crore in the quarter ended March 2022 as against Rs 27.64 crore during the previous quarter ended March 2021. Sales declined 3.11% to Rs 300.48 crore in the quarter ended March 2022 as against Rs 310.12 crore during the previous quarter ended March 2021.

For the full year,net profit rose 25.68% to Rs 88.79 crore in the year ended March 2022 as against Rs 70.65 crore during the previous year ended March 2021. Sales rose 42.82% to Rs 1270.47 crore in the year ended March 2022 as against Rs 889.59 crore during the previous year ended March 2021.

 

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales300.48310.12 -3 1270.47889.59 43 OPM %13.1715.60 -14.2416.17 - PBDT37.1947.51 -22 170.30136.80 24 PBT24.5437.32 -34 120.5996.08 26 NP18.1327.64 -34 88.7970.65 26

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