Automotive Axles standalone net profit declines 20.23% in the September 2024 quarter

31 Oct 2024

Automotive Axles standalone net profit declines 20.23% in the September 2024 quarter

Net profit of Automotive Axles declined 20.23% to Rs 35.97 crore in the quarter ended September 2024 as against Rs 45.09 crore during the previous quarter ended September 2023. Sales declined 15.35% to Rs 494.68 crore in the quarter ended September 2024 as against Rs 584.41 crore during the previous quarter ended September 2023.

ParticularsQuarter Ended
Sep. 2024Sep. 2023% Var.
Sales494.68584.41 -15
OPM %10.3311.30 -
PBDT56.3569.30 -19
PBT48.4660.35 -20
NP35.9745.09 -20

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