GNA Axles standalone net profit rises 52.35% in the September 2018 quarter

Capital Market 

Sales rise 48.01% to Rs 227.25 crore

Net profit of Axles rose 52.35% to Rs 16.24 crore in the quarter ended September 2018 as against Rs 10.66 crore during the previous quarter ended September 2017. Sales rose 48.01% to Rs 227.25 crore in the quarter ended September 2018 as against Rs 153.54 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales227.25153.54 48 OPM %15.7915.46 -PBDT34.0922.80 50 PBT25.4716.34 56 NP16.2410.66 52

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First Published: Tue, October 23 2018. 14:43 IST