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Automotive Axles standalone net profit rises 50.11% in the December 2021 quarter

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Capital Market

Sales rise 37.66% to Rs 374.40 crore

Net profit of Automotive Axles rose 50.11% to Rs 19.80 crore in the quarter ended December 2021 as against Rs 13.19 crore during the previous quarter ended December 2020. Sales rose 37.66% to Rs 374.40 crore in the quarter ended December 2021 as against Rs 271.97 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales374.40271.97 38 OPM %9.339.36 -PBDT36.0626.45 36 PBT26.7917.27 55 NP19.8013.19 50

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First Published: Feb 05 2022 | 8:15 AM IST

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