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Automotive Axles Q2 profit jumps 67% to Rs 60 cr
Positive+100Company event
GreyOak summary
Automotive Axles reported a 66.7% year-on-year increase in net profit to ₹60 crore for Q2 FY27, driven by a 43.5% revenue rise to ₹663 crore. EBITDA margins expanded to 12.6%. The company also appointed Raman K as its permanent CFO, replacing his interim role.
What it affects
- Automotive AxlesAUTOAXLESPositive +100
Profit jumped 67% to ₹60 crore in Q2.Rolling sentiment Positive +62
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