Automotive Axles standalone net profit rises 361.91% in the March 2021 quarter

Sales rise 152.17% to Rs 425.56 crore

Net profit of Automotive Axles rose 361.91% to Rs 26.56 crore in the quarter ended March 2021 as against Rs 5.75 crore during the previous quarter ended March 2020. Sales rose 152.17% to Rs 425.56 crore in the quarter ended March 2021 as against Rs 168.76 crore during the previous quarter ended March 2020.

For the full year,net profit declined 44.74% to Rs 22.73 crore in the year ended March 2021 as against Rs 41.13 crore during the previous year ended March 2020. Sales declined 4.87% to Rs 905.57 crore in the year ended March 2021 as against Rs 951.96 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales425.56168.76 152 905.57951.96 -5 OPM %10.527.58 -7.279.80 - PBDT45.2114.81 205 69.9399.19 -29 PBT36.195.18 599 33.9361.97 -45 NP26.565.75 362 22.7341.13 -45

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