Automotive Axles standalone net profit rises 58.22% in the March 2018 quarter

Sales rise 30.63% to Rs 469.07 crore

Net profit of Automotive Axles rose 58.22% to Rs 28.29 crore in the quarter ended March 2018 as against Rs 17.88 crore during the previous quarter ended March 2017. Sales rose 30.63% to Rs 469.07 crore in the quarter ended March 2018 as against Rs 359.08 crore during the previous quarter ended March 2017.

For the full year,net profit rose 69.83% to Rs 83.93 crore in the year ended March 2018 as against Rs 49.42 crore during the previous year ended March 2017. Sales rose 29.60% to Rs 1519.37 crore in the year ended March 2018 as against Rs 1172.31 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales469.07359.08 31 1519.371172.31 30 OPM %11.6710.31 -11.009.69 - PBDT55.4237.18 49 171.03114.37 50 PBT43.5326.89 62 127.8275.01 70 NP28.2917.88 58 83.9349.42 70

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