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Automotive Axles standalone net profit rises 107.25% in the December 2017 quarter

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Capital Market

Sales rise 42.97% to Rs 407.93 crore

Net profit of Automotive Axles rose 107.25% to Rs 22.30 crore in the quarter ended December 2017 as against Rs 10.76 crore during the previous quarter ended December 2016. Sales rose 42.97% to Rs 407.93 crore in the quarter ended December 2017 as against Rs 285.32 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales407.93285.32 43 OPM %10.818.95 -PBDT45.4126.28 73 PBT33.7816.42 106 NP22.3010.76 107

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First Published: Feb 14 2018 | 5:03 PM IST

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