Automotive Axles announced a substantial rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 37.67% to Rs 78.11 million from Rs 56.74 million in the same quarter previous year.
Revenues for the quarter rose 25.00% to Rs 2,344.99 million, compared with Rs 1,876 million for the prior year period.
Operating margin for the quarter stood at 5.44 percent as compared to 5.02 percent for the previous year period. Operating Income for the quarter was Rs 127.67 million, compared with Rs 94.17 million in the previous year period.
Earnings per share for the quarter stood at Rs 5.17, registering 37.87% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 2,344.99 | 1,876.06 | 25.00 |
Net Profit | 78.11 | 56.74 | 37.67 |
Diluted EPS | 5.17 | 3.75 | 37.87 |
Shares of the company declined Rs 2.75, or 0.35%, to trade at Rs 776.25. The total volume of shares traded was 4,690 at the BSE (3.46 p.m., Wednesday).