GNA Axles PAT rises 52 per cent YoY

GNA Axles Limited Ltd. reported its results for the quarter ended September 30, 2018 during the market hours.

GNA Axles Limited standalone revenue for the quarter came in at Rs. 227.24 crore, registering 41.2 per cent yoy increase. EBITDA for the quarter rose by 51.2 per cent yoy to Rs. 35.87 crore with a corresponding margin expansion of 105 bps. EBITDA margin for the quarter stood at 15.8 per cent.

The PAT for the quarter came in at Rs. 16.24 crore, yoy increase of 52.3 per cent. PAT margin for the quarter stood at 7.14 per cent as against 6.60 per cent for the same period last year.

On Tuesday, at 2:40 PM, the stock of GNA Axles was trading at Rs. 356.40 per share on BSE while the benchmark BSE Sensex traded at 33,785 which is lower by 1 per cent than its previous close.