Automotive Axles Q1 Results Live : profit falls by 9.97% YOY
Automotive Axles Q1 Results Live : Revenue decreased by 7.42% YoY & profit decreased by 9.97% YoY
Automotive Axles Q1 Results Live : Automotive Axles declared their Q1 results on 07 Aug, 2024. The topline decreased by 7.42% & the profit decreased by 9.97% YoY. As compared to the previous quarter the revenue declined by 13.83% and the profit decreased by 22.77%.
The Selling, general & administrative expenses declined by 1.05% q-o-q & increased by 2.47% Y-o-Y.
The operating income was down by 25.46% q-o-q & decreased by 17.24% Y-o-Y.
The EPS is ₹22.53 for Q1 which decreased by 9.99% Y-o-Y.
Automotive Axles has delivered -6.45% return in the last 1 week, -2.82% return in last 6 months and -9.43% YTD return.
Currently the Automotive Axles has a market cap of ₹2936.41 Cr and 52wk high/low of ₹2460 & ₹1742.15 respectively.
As of 08 Aug, 2024 out of 1 analysts covering the company, 1 analyst has given Strong Buy rating.
The consensus recommendation as on 08 Aug, 2024 was to Strong Buy.
Automotive Axles Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 492.47 | 571.52 | -13.83% | 531.91 | -7.42% |
| Selling/ General/ Admin Expenses Total | 33.12 | 33.48 | -1.05% | 32.33 | +2.47% |
| Depreciation/ Amortization | 8.08 | 9.05 | -10.72% | 9.41 | -14.19% |
| Total Operating Expense | 451.72 | 516.86 | -12.6% | 482.67 | -6.41% |
| Operating Income | 40.75 | 54.66 | -25.46% | 49.24 | -17.24% |
| Net Income Before Taxes | 46.31 | 59.13 | -21.67% | 50.88 | -8.98% |
| Net Income | 34.05 | 44.1 | -22.77% | 37.83 | -9.97% |
| Diluted Normalized EPS | 22.53 | 29.18 | -22.79% | 25.03 | -9.99% |
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