Automotive Axles jumps 15% after strong Q2 FY27 results
In short
Automotive Axles shares jumped nearly 15% after strong Q2 FY27 results. Net profit rose 66.7% to ₹60 crore, revenue grew 43.5% to ₹663 crore, and EBITDA increased 73.7% with the margin at 12.6%.
What the reporting says
Automotive Axles shares surged nearly 15% after the company reported strong Q2 FY27 results, including a 66.7% rise in net profit to ₹60 crore. Revenue grew 43.5% to ₹663 crore, while EBITDA rose 73.7% and the margin improved to 12.6%, according to a Mint Markets summary. The company also appointed Raman K as CFO, adding to the market reaction.
Why it matters
Automotive Axles reported strong Q2 FY27 results, with net profit rising 66.7% to ₹60 crore, revenue up 43.5% to ₹663 crore, EBITDA up 73.7%, and margin improving to 12.6%. The stock surged nearly 15% in response. The company also appointed Raman K as CFO. The move highlights investor response to better operating performance and a leadership change.