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Automotive Axles standalone net profit rises 111.48% in the September 2017 quarter

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Capital Market

Sales rise 53.28% to Rs 349.64 crore

Net profit of Automotive Axles rose 111.48% to Rs 20.45 crore in the quarter ended September 2017 as against Rs 9.67 crore during the previous quarter ended September 2016. Sales rose 53.28% to Rs 349.64 crore in the quarter ended September 2017 as against Rs 228.11 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales349.64228.11 53 OPM %11.2310.61 -PBDT40.7524.44 67 PBT30.9614.79 109 NP20.459.67 111

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First Published: Nov 16 2017 | 3:54 PM IST

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