Automotive Axles Reports 17.33% Net Profit Growth for Q1 2026
Automotive Axles standalone net profit rises 17.33% in the March 2026 quarter
Image: Business Standard
Automotive Axles, an Indian automotive component manufacturer, reported a 17.33% increase in net profit to ₹53.89 crore for the quarter ending March 2026, compared to ₹45.93 crore in the same quarter last year. Sales also rose by 18.70% to ₹664.30 crore during this period.
- 01For the full fiscal year ending March 2026, net profit increased by 5.68% to ₹164.38 crore.
- 02Annual sales grew by 4.82% to ₹2,177.73 crore compared to ₹2,077.54 crore the previous year.
- 03The operating profit margin (OPM) for the quarter was 11.59%, slightly up from 11.19% the previous year.
- 04Profit before tax (PBT) rose 17% to ₹72.32 crore for the quarter.
- 05The company achieved a profit before depreciation and tax (PBDT) of ₹82.11 crore, a 16% increase from last year.
Advertisement
In-Article Ad
Automotive Axles, a manufacturer of automotive components in India, reported a 17.33% increase in net profit for the quarter ending March 2026, reaching ₹53.89 crore compared to ₹45.93 crore in the same quarter of the previous year. Sales surged by 18.70% to ₹664.30 crore, up from ₹559.64 crore in March 2025. For the fiscal year ending March 2026, the company's net profit rose 5.68% to ₹164.38 crore, while annual sales increased by 4.82% to ₹2,177.73 crore. The operating profit margin improved slightly to 11.59%, reflecting the company's strong performance in a competitive market.
Advertisement
In-Article Ad
The increase in profits and sales indicates robust demand for Automotive Axles' products, which could lead to further investments and job stability in the region.
Advertisement
In-Article Ad
Reader Poll
Do you think Automotive Axles will continue to grow in the next quarter?
Connecting to poll...
Read the original article
Visit the source for the complete story.