Automotive Axles standalone net profit rises 119.60% in the March 2016 quarter

Sales rise 22.87% to Rs 311.64 crore

Net profit of Automotive Axles rose 119.60% to Rs 10.87 crore in the quarter ended March 2016 as against Rs 4.95 crore during the previous quarter ended March 2015. Sales rose 22.87% to Rs 311.64 crore in the quarter ended March 2016 as against Rs 253.64 crore during the previous quarter ended March 2015.

For the full year,net profit rose 229.89% to Rs 34.77 crore in the year ended March 2016 as against Rs 10.54 crore during the previous year ended March 2015. Sales rose 135.97% to Rs 1082.79 crore in the year ended March 2016 as against Rs 458.87 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales311.64253.64 23 1082.79458.87 136 OPM %9.157.59 -8.848.13 - PBDT27.8317.88 56 91.9933.80 172 PBT15.858.04 97 51.5216.48 213 NP10.874.95 120 34.7710.54 230

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