Results 12-Apr-11
Announcements
Automotive Axles reports net profit of Rs 18.40 crore in the March 2011 quarter
Sales reported at Rs 278.14 crore
Automotive Axles reported net profit of Rs 18.40 crore in the quarter ended March 2011. Sales reported to Rs 278.14 crore in the quarter ended March 2011. The company has purchased brake manufacturing facilities at Mysore from Kalyani Global Engineering Pvt Ltd on 03 January 2011 and the sales for the current quarter ended March 2011 include the sales related to brake business. Hence, the current quarter ended March 2011 is not comparable to the previous quarter ended March 2010.
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