Automotive Axles standalone net profit rises 46.23% in the March 2022 quarter

Sales rise 29.78% to Rs 552.28 crore

Net profit of Automotive Axles rose 46.23% to Rs 38.84 crore in the quarter ended March 2022 as against Rs 26.56 crore during the previous quarter ended March 2021. Sales rose 29.78% to Rs 552.28 crore in the quarter ended March 2022 as against Rs 425.56 crore during the previous quarter ended March 2021.

For the full year,net profit rose 227.14% to Rs 74.36 crore in the year ended March 2022 as against Rs 22.73 crore during the previous year ended March 2021. Sales rose 64.61% to Rs 1490.62 crore in the year ended March 2022 as against Rs 905.57 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales552.28425.56 30 1490.62905.57 65 OPM %11.2410.52 -9.047.27 - PBDT61.8745.21 37 136.4769.93 95 PBT51.5536.19 42 100.0533.93 195 NP38.8426.56 46 74.3622.73 227

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