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Automotive Axles standalone net profit rises 772.09% in the September 2014 quarter

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Capital Market

Sales rise 51.43% to Rs 180.43 crore

Net profit of Automotive Axles rose 772.09% to Rs 3.75 crore in the quarter ended September 2014 as against Rs 0.43 crore during the previous quarter ended September 2013. Sales rose 51.43% to Rs 180.43 crore in the quarter ended September 2014 as against Rs 119.15 crore during the previous quarter ended September 2013.

For the full year,net profit rose 43.15% to Rs 18.18 crore in the year ended September 2014 as against Rs 12.70 crore during the previous year ended September 2013. Sales rose 5.38% to Rs 675.97 crore in the year ended September 2014 as against Rs 641.47 crore during the previous year ended September 2013.

 
ParticularsQuarter EndedYear EndedSep. 2014Sep. 2013% Var.Sep. 2014Sep. 2013% Var.Sales180.43119.15 51 675.97641.47 5 OPM %6.327.58 -8.408.37 - PBDT12.847.97 61 55.3447.09 18 PBT5.590.68 722 25.8618.56 39 NP3.750.43 772 18.1812.70 43

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First Published: Nov 25 2014 | 5:40 PM IST

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