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Automotive Axles standalone net profit declines 3.53% in the September 2020 quarter

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Capital Market

Sales decline 15.42% to Rs 169.20 crore

Net profit of Automotive Axles declined 3.53% to Rs 6.02 crore in the quarter ended September 2020 as against Rs 6.24 crore during the previous quarter ended September 2019. Sales declined 15.42% to Rs 169.20 crore in the quarter ended September 2020 as against Rs 200.05 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales169.20200.05 -15 OPM %5.548.46 -PBDT10.6118.68 -43 PBT1.479.54 -85 NP6.026.24 -4

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First Published: Nov 03 2020 | 8:01 AM IST

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