Automotive Axles (NSE:AUTOAXLES) Q3 2024 Results
Main financial results
- Revenue: Rs 5.46 billion (down 17% from Q3 2023).
- Net profit: ₹391.5 million (down 23% from Q3 2023).
- Margin: 7.2% (down from 7.7% in Q3 2023). The decrease in margin was due to a decrease in revenue.
- EPS: ₹25.90 (down from ₹33.54 in Q3 2023).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Automotive Axle Revenue Insights
Looking ahead, revenues are expected to grow at an average annual rate of 5.5% over the next three years, compared to a growth forecast of 12% for the Indian auto parts industry.
performance of Indian auto parts industry.
The company's stock price has fallen 5.5% from a week ago.
risk analysis
What about risks?Every company has them and we discovered that 1 car axle warning sign you should know about.
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