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GNA Axles standalone net profit rises 8.94% in the March 2019 quarter

Capital Market 

Sales rise 18.42% to Rs 242.20 crore

Net profit of Axles rose 8.94% to Rs 17.92 crore in the quarter ended March 2019 as against Rs 16.45 crore during the previous quarter ended March 2018. Sales rose 18.42% to Rs 242.20 crore in the quarter ended March 2019 as against Rs 204.52 crore during the previous quarter ended March 2018.

For the full year,net profit rose 29.44% to Rs 65.86 crore in the year ended March 2019 as against Rs 50.88 crore during the previous year ended March 2018. Sales rose 38.52% to Rs 928.28 crore in the year ended March 2019 as against Rs 670.14 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales242.20204.52 18 928.28670.14 39 OPM %15.9614.43 -15.6315.37 - PBDT37.2828.33 32 137.3798.82 39 PBT28.4422.07 29 102.6474.02 39 NP17.9216.45 9 65.8650.88 29

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

First Published: Sat, May 11 2019. 16:38 IST
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