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Stock Report
Automotive Axles Ltd Q3 FY2024 PAT lower at Rs. 39.14 crores
Posted On : 2024-01-31 22:54:10( TIMEZONE : IST )
Automotive Axles Limited has reported Standalone financial results for the period ended December 31, 2023.
Financial Results (Q3 FY2024) - QoQ Comparison
The company has reported total income of Rs. 545.612 crores during the period ended December 31, 2023 as compared to Rs. 588.229 crores during the period ended September 30, 2023.
The company has posted net profit / (loss) of Rs. 39.145 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 45.088 crores for the period ended September 30, 2023.
The company has reported EPS of Rs. 25.90 for the period ended December 31, 2023 as compared to Rs. 29.84 for the period ended September 30, 2023.
| Financials | Q3 FY2024 | Q2 FY2024 | % Change |
| Total Income | ₹545.612 crs | ₹588.229 crs |  -7.24% |
| Net Profit | ₹39.145 crs | ₹45.088 crs | -13.18% |
| EPS | ₹25.90 | ₹29.84 | -13.20% |
Financial Results (Q3 FY2024) - YoY Comparison
The company has reported total income of Rs.545.612 crores during the period ended December 31, 2023 as compared to Rs.657.129 crores during the period ended December 31, 2022.
The company has posted net profit / (loss) of Rs.39.145 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.50.683 crores for the period ended December 31, 2022.
The company has reported EPS of Rs.25.90 for the period ended December 31, 2023 as compared to Rs.33.54 for the period ended December 31, 2022.
| Financials | Q3 FY2024 | Q3 FY2023 | % Change |
| Total Income | ₹545.612 crs | ₹657.129 crs | -16.97% |
| Net Profit | ₹39.145 crs | ₹50.683 crs | -22.77% |
| EPS | ₹25.90 | ₹33.54 | -22.78% |
Financial Results (9 Months Ended FY2024) - YoY Comparison
The company has reported total income of Rs.1668 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1634.322 crores during the 9 Months period ended December 31, 2022.
The company has posted net profit / (loss) of Rs.122.058 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.111.215 crores for the 9 Months period ended December 31, 2022.
The company has reported EPS of Rs.80.77 for the 9 Months period ended December 31, 2023 as compared to Rs.73.59 for the 9 Months period ended December 31, 2022.
| Financials | 9 Months Ended FY2024 | 9 Months Ended FY2023 | % Change |
| Total Income | ₹1668 crs | ₹1634.322 crs |  2.06% |
| Net Profit | ₹122.058 crs | ₹111.215 crs | 9.75% |
| EPS | ₹80.77 | ₹73.59 | 9.76% |
Shares of Automotive Axles Limited was last trading in BSE at Rs. 2056.30 as compared to the previous close of Rs. 2105.70. The total number of shares traded during the day was 1876 in over 453 trades.
The stock hit an intraday high of Rs. 2180.55 and intraday low of 1993.85. The net turnover during the day was Rs. 3920110.00.
