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Stock Report
Automotie Axles Ltd Q3 FY2023 profit soars to Rs. 50.68 crores
Posted On : 2023-01-31 15:47:37( TIMEZONE : IST )
Automotive Axles Limited has reported Standalone financial results for the period ended December 31, 2022.
Financial Results (Q3 FY2023) - QoQ Comparison
The company has reported total income of Rs. 657.129 crores during the period ended December 31, 2022 as compared to Rs. 475.907 crores during the period ended September 30, 2022.
The company has posted net profit / (loss) of Rs. 50.683 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 30.133 crores for the period ended September 30, 2022.
The company has reported EPS of Rs. 33.54 for the period ended December 31, 2022 as compared to Rs. 19.94 for the period ended September 30, 2022.
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹657.129 crs | ₹475.907 crs |  38.08% |
| Net Profit | ₹50.683 crs | ₹30.133 crs | 68.20% |
| EPS | ₹33.54 | ₹19.94 | 68.20% |
Financial Results (Q3 FY2023) - YoY Comparison
The company has reported total income of Rs.657.129 crores during the period ended December 31, 2022 as compared to Rs.376.074 crores during the period ended December 31, 2021.
The company has posted net profit / (loss) of Rs.50.683 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.19.804 crores for the period ended December 31, 2021.
The company has reported EPS of Rs.33.54 for the period ended December 31, 2022 as compared to Rs.13.10 for the period ended December 31, 2021.
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹657.129 crs | ₹376.074 crs | 74.73% |
| Net Profit | ₹50.683 crs | ₹19.804 crs | 155.92% |
| EPS | ₹33.54 | ₹13.10 | 156.03% |
Financial Results (9 Months Ended FY2023) - YoY Comparison
The company has reported total income of Rs.1634.322 crores during the 9 Months period ended December 31, 2022 as compared to Rs.942.156 crores during the 9 Months period ended December 31, 2021.
The company has posted net profit / (loss) of Rs.111.215 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.35.517 crores for the 9 Months period ended December 31, 2021.
The company has reported EPS of Rs.73.59 for the 9 Months period ended December 31, 2022 as compared to Rs.23.50 for the 9 Months period ended December 31, 2021.
| Financials | 9 Months Ended FY2023 | 9 Months Ended FY2022 | % Change |
| Total Income | ₹1634.322 crs | ₹942.156 crs | 73.47% |
| Net Profit | ₹111.215 crs | ₹35.517 crs | 213.13% |
| EPS | ₹73.59 | ₹23.50 | 213.15% |
Shares of Automotive Axles Limited was last trading in BSE at Rs. 2308.90 as compared to the previous close of Rs. 2224.20. The total number of shares traded during the day was 1174 in over 287 trades.
The stock hit an intraday high of Rs. 2320.00 and intraday low of 2211.50. The net turnover during the day was Rs. 2662819.00.
