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The total revenue for the quarter ended March 2019 remained nearly unchanged at Rs. 4810.94 millions.A humble growth in net profit of 5.90% reported in the quarter ended March 2019 to Rs. 299.54 millions from Rs. 282.86 millions.Operating profit surged to 589.89 millions from the corresponding previous quarter of 555.98 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 4810.94 4690.74 2.56 19390.42 15535.42 24.81 19390.42 15535.42 24.81 Other Income 4.70 8.93 -47.37 29.60 45.21 -34.53 29.60 45.21 -34.53 PBIDT 589.89 555.98 6.10 2320.46 1715.77 35.24 2320.46 1715.77 35.24 Interest 0.13 1.86 -93.01 5.49 5.48 0.18 5.49 5.48 0.18 PBDT 589.76 554.12 6.43 2314.97 1710.29 35.36 2314.97 1710.29 35.36 Depreciation 99.97 118.86 -15.89 461.86 432.13 6.88 461.86 432.13 6.88 PBT 489.79 435.26 12.53 1853.11 1278.17 44.98 1853.11 1278.17 44.98 TAX 190.25 152.40 24.84 637.61 438.85 45.29 637.61 438.85 45.29 Deferred Tax 3.55 -18.10 -119.61 -73.79 -61.35 20.28 -73.79 -61.35 20.28 PAT 299.54 282.86 5.90 1215.50 839.32 44.82 1215.50 839.32 44.82 Equity 151.12 151.12 0.00 151.12 151.12 0.00 151.12 151.12 0.00 PBIDTM(%) 12.26 11.85 3.45 11.97 11.04 8.35 11.97 11.04 8.35
The sales moved up 42.54% to Rs. 4983.76 millions for the September 2018 quarter as compared to Rs. 3496.40 millions during the year-ago period.Net profit for the quarter ended September 2018 increased significantly by 56.75% to Rs. 320.50 millions from Rs. 204.47 millions.Operating Profit saw a handsome growth to 597.13 millions from 408.69 millions in the quarter ended September 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 4983.76 3496.40 42.54 9721.70 6765.41 43.70 15535.42 13019.71 19.32 Other Income 8.67 16.14 -46.28 17.74 28.25 -37.20 45.21 20.21 123.70 PBIDT 597.13 408.69 46.11 1165.49 704.39 65.46 1715.77 1156.10 48.41 Interest 2.00 1.15 73.91 3.82 2.38 60.50 5.48 12.33 -55.56 PBDT 595.13 407.54 46.03 1161.67 702.01 65.48 1710.29 1143.77 49.53 Depreciation 122.50 97.94 25.08 247.34 196.98 25.57 432.13 393.64 9.78 PBT 472.63 309.60 52.66 914.33 505.03 81.04 1278.16 750.13 70.39 TAX 152.13 105.13 44.71 303.84 171.60 77.06 438.85 255.95 71.46 Deferred Tax -30.87 -16.57 86.30 -63.66 -34.40 85.06 -61.35 -52.66 16.50 PAT 320.50 204.47 56.75 610.49 333.43 83.09 839.31 494.19 69.84 Equity 151.12 151.12 0.00 151.12 151.12 0.00 151.12 151.12 0.00 PBIDTM(%) 11.98 11.69 2.50 11.99 10.41 15.15 11.04 8.88 24.38
A decent increase of about 44.94% in the sales to Rs. 4737.94 millions was observed for the quarter ended June 2018. The sales figure stood at Rs. 3269.01 millions during the year-ago period.Net Profit for the quarter ended June 2018 zoomed to 124.87% from Rs. 128.96 millions to Rs. 289.99 millions.Operating profit surged to 568.36 millions from the corresponding previous quarter of 295.70 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 4737.94 3269.01 44.94 4737.94 3269.01 44.94 15535.42 13019.71 19.32 Other Income 9.07 12.11 -25.10 9.07 12.11 -25.10 45.21 20.21 123.70 PBIDT 568.36 295.70 92.21 568.36 295.70 92.21 1715.77 1156.10 48.41 Interest 1.82 1.23 47.97 1.82 1.23 47.97 5.48 12.33 -55.56 PBDT 566.54 294.47 92.39 566.54 294.47 92.39 1710.29 1143.77 49.53 Depreciation 124.84 99.04 26.05 124.84 99.04 26.05 432.13 393.64 9.78 PBT 441.70 195.43 126.01 441.70 195.43 126.01 1278.16 750.13 70.39 TAX 151.71 66.47 128.24 151.71 66.47 128.24 438.85 255.95 71.46 Deferred Tax -32.79 -17.83 83.90 -32.79 -17.83 83.90 -61.35 -52.66 16.50 PAT 289.99 128.96 124.87 289.99 128.96 124.87 839.31 494.19 69.84 Equity 151.12 151.12 0.00 151.12 151.12 0.00 151.12 151.12 0.00 PBIDTM(%) 12.00 9.05 32.62 12.00 9.05 32.62 11.04 8.88 24.38
Automotive Axles is currently trading at Rs. 743.00, up by 9.45 points or 1.29% from its previous closing of Rs. 733.55 on the BSE.The scrip opened at Rs. 745.35 and has touched a high and low of Rs. 750.00 and Rs. 740.00 respectively. So far 4147 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 803.00 on 19-May-2017 and a 52 week low of Rs. 582.00 on 22-Dec-2016.Last one week high and low of the scrip stood at Rs. 803.00 and Rs. 696.25 respectively. The current market cap of the company is Rs. 1125.46 crore.The promoters holding in the company stood at 71.04%, while institutions and non-institutions held 13.52% and 15.44% respectively.Automotive Axles has reported a rise of 58.88% in its net profit at Rs 17.27 crore for the quarter ended March 31, 2017 as compared to Rs 10.87 crore for the same quarter in the previous year. Total income of the company increased by 12.58% at Rs 351.40 crore for quarter under review as compared to Rs 312.13 crore for the quarter ended March 31, 2016. For the year ended March 31, 2017, the company has posted a rise of 39.72% in its net profit at Rs 48.58 crore as compared to Rs 34.77 crore in FY16. Total income of company increased by 5.63% at Rs 1148.82 crore for year under review as compared to Rs 1087.54 crore for the year ended March 31, 2016.
Automotive Axles is currently trading at Rs. 750.20, up by 50.05 points or 7.15% from its previous closing of Rs. 700.15 on the BSE.The scrip opened at Rs. 760.00 and has touched a high and low of Rs. 803.00 and Rs. 737.00 respectively. So far 32515 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 803.00 on 19-May-2017 and a 52 week low of Rs. 582.00 on 22-Dec-2016.Last one week high and low of the scrip stood at Rs. 803.00 and Rs. 690.00 respectively. The current market cap of the company is Rs. 1145.56 crore.The promoters holding in the company stood at 71.04%, while institutions and non-institutions held 13.52% and 15.44% respectively. Automotive Axles has reported a rise of 58.88% in its net profit at Rs 17.27 crore for the quarter ended March 31, 2017 as compared to Rs 10.87 crore for the same quarter in the previous year. Total income of the company increased by 12.58% at Rs 351.40 crore for quarter under review as compared to Rs 312.13 crore for the quarter ended March 31, 2016. For the year ended March 31, 2017, the company has posted a rise of 39.72% in its net profit at Rs 48.58 crore as compared to Rs 34.77 crore in FY16. Total income of company increased by 5.63% at Rs 1148.82 crore for year under review as compared to Rs 1087.54 crore for the year ended March 31, 2016.
Automotive Axles has submitted a copy of Scrutinizers Report on E-Voting and Voting by Poll Process.The above information is a part of company’s filings submitted to BSE.
Automotive Axles has informed about Standalone Form A for the period ended March 31, 2016.The above information is a part of company’s filings submitted to BSE.
Automotive Axles has informed about the Standalone Financial Results & a copy of the Limited Review Report for the period ended September 30, 2015.The above information is a part of company’s filings submitted to BSE.
Automotive Axles has submitted a copy of the proceedings of the 34th Annual General Meeting (AGM) of the Company held on August 05, 2015.The above information is a part of company’s filings submitted to BSE.
Automotive Axles has submitted a copy of minutes of proceedings of thirty third Annual General Meeting (AGM) held on February 05, 2015.The above information is a part of company’s filings submitted to BSE.
Automotive Axles has informed that the Board of Directors of the company at its meeting held on November 25, 2014 has recommended a Final Dividend of Rs. 2.50 per share of Rs 10 each for the year 2013-14, subject to the approval of the shareholders of the company at the ensuing Annual General Meeting. The above information is a part of company’s filings submitted to BSE.
Automotive Axles has informed about the Standalone Financial Results for the period ended September 30, 2014.The above information is a part of company’s filings submitted to BSE.