Automotive Axles standalone net profit declines 9.99% in the June 2024 quarter

Net profit of Automotive Axles declined 9.99% to Rs 34.05 crore in the quarter ended June 2024 as against Rs 37.83 crore during the previous quarter ended June 2023. Sales declined 7.41% to Rs 492.47 crore in the quarter ended June 2024 as against Rs 531.91 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	492.47	531.91	-7
OPM %	9.91	11.03	-
PBDT	54.39	60.30	-10
PBT	46.31	50.89	-9
NP	34.05	37.83	-10