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Automotive Axles standalone net profit rises 16.11% in the June 2017 quarter

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Capital Market

Sales decline 2.32% to Rs 286.09 crore

Net profit of Automotive Axles rose 16.11% to Rs 12.90 crore in the quarter ended June 2017 as against Rs 11.11 crore during the previous quarter ended June 2016. Sales declined 2.32% to Rs 286.09 crore in the quarter ended June 2017 as against Rs 292.89 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales286.09292.89 -2 OPM %9.959.05 -PBDT29.4526.49 11 PBT19.5516.92 16 NP12.9011.11 16

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First Published: Aug 23 2017 | 5:18 PM IST

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