Results     15-Nov-08
Announcements
Automotive Axles net profit declines 45.77% in the September 2008 quarter
Sales decline 15.19% to Rs 136.96 crore
Net profit of Automotive Axles declined 45.77% to Rs 7.43 crore in the quarter ended September 2008 as against Rs 13.70 crore during the previous quarter ended September 2007. Sales declined 15.19% to Rs 136.96 crore in the quarter ended September 2008 as against Rs 161.49 crore during the previous quarter ended September 2007.

For the full year, net profit rose 4.03% to Rs 55.79 crore in the year ended September 2008 as against Rs 53.63 crore during the previous year ended September 2007. Sales rose 22.93% to Rs 751.91 crore in the year ended September 2008 as against Rs 611.66 crore during the previous year ended September 2007.

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