Stock Report

Automotive Axles Ltd Q2 FY2023 net profit slips QoQ to Rs. 30.13 crores



Posted On : 2022-11-07 13:27:32( TIMEZONE : IST )

Automotive Axles Ltd Q2 FY2023 net profit slips QoQ to Rs. 30.13 crores

Automotive Axles Limited has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 475.907 crores during the period ended September 30, 2022 as compared to Rs. 501.286 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 30.133 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 30.401 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 19.94 for the period ended September 30, 2022 as compared to Rs. 20.12 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 475.907 crs ₹501.286 crs Up Tick / Down Tick-5.06%
Net Profit ₹30.133 crs ₹30.401 crs Up Tick / Down Tick-0.88%
EPS ₹19.94 ₹20.12 Up Tick / Down Tick-0.89%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 475.907 crores during the period ended September 30, 2022 as compared to Rs.309.982 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.30.133 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.10.141 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.19.94 for the period ended September 30, 2022 as compared to Rs.6.71 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 475.907 crs ₹309.982 crs Up Tick / Down Tick53.53%
Net Profit ₹30.133 crs ₹10.141 crs Up Tick / Down Tick197.14%
EPS ₹19.94 ₹6.71 Up Tick / Down Tick197.17%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.977.193 crores during the 6 Months period ended September 30, 2022 as compared to Rs.566.082 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.60.534 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.15.713 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.40.06 for the 6 Months period ended September 30, 2022 as compared to Rs.10.40 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹977.193 crs ₹566.082 crs Up Tick / Down Tick72.62%
Net Profit ₹60.534 crs ₹15.713 crs Up Tick / Down Tick285.25%
EPS ₹40.06 ₹10.40 Up Tick / Down Tick285.19%

Shares of Automotive Axles Limited was last trading in BSE at Rs. 1982.05 as compared to the previous close of Rs. 1989.60. The total number of shares traded during the day was 624 in over 373 trades.

The stock hit an intraday high of Rs. 2003.65 and intraday low of 1967.10. The net turnover during the day was Rs. 1234008.00.

Source : Equity Bulls

Keywords

AutomotiveAxles Q2FY23 H1FY23 ResultUpdate