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Automotive Axles net profit rises 377.78% in the September 2013 quarter

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Capital Market

Sales decline 30.07% to Rs 119.15 crore

Net profit of Automotive Axles rose 377.78% to Rs 0.43 crore in the quarter ended September 2013 as against Rs 0.09 crore during the previous quarter ended September 2012. Sales declined 30.07% to Rs 119.15 crore in the quarter ended September 2013 as against Rs 170.38 crore during the previous quarter ended September 2012.

For the full year,net profit declined 71.79% to Rs 12.70 crore in the year ended September 2013 as against Rs 45.02 crore during the previous year ended September 2012. Sales declined 31.75% to Rs 641.47 crore in the year ended September 2013 as against Rs 939.95 crore during the previous year ended September 2012.

 
ParticularsQuarter EndedYear EndedSep. 2013Sep. 2012% Var.Sep. 2013Sep. 2012% Var.Sales119.15170.38 -30 641.47939.95 -32 OPM %7.585.44 -8.3710.77 - PBDT7.977.62 5 47.0993.97 -50 PBT0.680.23 196 18.5666.58 -72 NP0.430.09 378 12.7045.02 -72

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First Published: Jan 08 2014 | 1:33 PM IST

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