Results     17-May-23
Announcements
Automotive Axles standalone net profit rises 30.82% in the March 2023 quarter
Sales rise 25.48% to Rs 693.01 crore
Net profit of Automotive Axles rose 30.82% to Rs 50.81 crore in the quarter ended March 2023 as against Rs 38.84 crore during the previous quarter ended March 2022. Sales rose 25.48% to Rs 693.01 crore in the quarter ended March 2023 as against Rs 552.28 crore during the previous quarter ended March 2022.

For the full year,net profit rose 117.90% to Rs 162.03 crore in the year ended March 2023 as against Rs 74.36 crore during the previous year ended March 2022. Sales rose 55.89% to Rs 2323.70 crore in the year ended March 2023 as against Rs 1490.62 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales693.01552.28 25 2323.701490.62 56
OPM %11.2211.24 -11.089.04 -
PBDT78.4061.87 27 259.47136.47 90
PBT68.0351.55 32 218.10100.05 118
NP50.8138.84 31 162.0374.36 118

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