Results 31-Jan-24
Announcements
Automotive Axles standalone net profit declines 22.75% in the December 2023 quarter
Sales decline 17.45% to Rs 541.33 crore
Net profit of Automotive Axles declined 22.75% to Rs 39.15 crore in the quarter ended December 2023 as against Rs 50.68 crore during the previous quarter ended December 2022. Sales declined 17.45% to Rs 541.33 crore in the quarter ended December 2023 as against Rs 655.78 crore during the previous quarter ended December 2022.
Particulars
Quarter Ended
Dec. 2023
Dec. 2022
% Var.
Sales
541.33
655.78
-17
OPM %
10.70
11.86
-
PBDT
61.58
78.31
-21
PBT
52.61
67.94
-23
NP
39.15
50.68
-23
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