Automotive Axles Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 5,413.32 million compared to... Automotive Axles Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 5,413.32 million compared to INR 6,557.76 million a year ago. Revenue was INR 5,456.12 million compared to INR 6,571.29 million a year ago. Net income was INR 391.45 million compared to INR 506.83 million a year ago. Basic earnings per share from continuing operations was INR 25.9 compared to INR 33.54 a year ago. Diluted earnings per share from continuing operations was INR 25.9 compared to INR 33.54 a year ago. For the nine months, sales was INR 16,576.53 million compared to INR 16,306.88 million a year ago. Revenue was INR 16,680 million compared to INR 16,343.22 million a year ago. Net income was INR 1,220.58 million compared to INR 1,112.15 million a year ago. Basic earnings per share from continuing operations was INR 80.77 compared to INR 73.59 a year ago. Diluted earnings per share from continuing operations was INR 80.77 compared to INR 73.59 a year ago.
