Automotive Axles announced that the Annual General Meeting (AGM) of the company will be held on 5 August 2024.Powered by Capital Market - Live News

Automotive Axles announced that the Board of Directors of the Company at its meeting held on 27 May 2024, inter alia, have recommended the final dividend of Rs 32 per equity Share (i.e. 320%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Automotive Axles declined 13.21% to Rs 44.10 crore in the quarter ended March 2024 as against Rs 50.81 crore during the previous quarter ended March 2023. Sales declined 17.53% to Rs 571.52 crore in the quarter ended March 2024 as against Rs 693.01 crore during the previous quarter ended March 2023.For the full year,net profit rose 2.55% to Rs 166.16 crore in the year ended March 2024 as against Rs 162.03 crore during the previous year ended March 2023. Sales declined 4.07% to Rs 2229.17 crore in the year ended March 2024 as against Rs 2323.70 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales571.52693.01 -18 2229.172323.70 -4 OPM %11.1511.22 -11.0511.08 - PBDT68.1978.40 -13 259.35259.47 0 PBT59.1468.03 -13 222.97218.10 2 NP44.1050.81 -13 166.16162.03 3 Powered by Capital Market - Live News

Automotive Axles announced the resignation of Nikhil Prabhu V; DGM - Finance of the Company with effect from 12 April 2024. Powered by Capital Market - Live News

Automotive Axles announced the cessation of Shalini Sarin (DIN: 06604529), Non-Executive Independent Director of the Company with effect from 12 February 2024. Powered by Capital Market - Live News