Automotive Axles posted a consolidated net profit of ₹60 crore for the second quarter of fiscal year 2027, marking a 67% increase compared to ₹36 crore in the same period last year. This strong performance answers how the company’s recent financial results have improved.
- Net profit grew 67% year-over-year to ₹60 crore in Q2 FY27.
- Revenue from operations increased 44% to ₹663 crore in Q2 FY27.
- Operating profit (EBITDA) rose 74% to ₹83 crore.
- Operating profit margin expanded to 12.55% from 10.37% in Q2 FY26.
- Half-year net profit jumped 47% to ₹106 crore.
- Raman K appointed as Chief Financial Officer effective November 12, 2026.
- Shares surged over 11% after earnings announcement.
What were the key financial highlights for Automotive Axles in Q2 FY27?
The company’s revenue from operations for the July-September quarter rose 44% to ₹663 crore, up from ₹462 crore in the same quarter last year. Operating profit, measured by earnings before interest, taxes, depreciation, and amortisation (EBITDA), increased by 74% to ₹83 crore compared to ₹48 crore a year ago. This led to an improvement in the operating profit margin to 12.55%, up from 10.37% in Q2 FY26.
How did Automotive Axles perform in the first half of FY27?
For the first half of fiscal year 2027, Automotive Axles reported a net profit of ₹106 crore, which is a 47% increase from ₹72 crore in the same period last year. Revenue from operations for H1 FY27 rose 24% to ₹1,179 crore compared to ₹951 crore in H1 FY26, showing consistent growth across the business.
What changes occurred in the company’s management?
The Board of Directors approved the appointment of Raman K as the Chief Financial Officer (CFO) and key managerial personnel effective November 12, 2026. Raman K had been serving as the interim CFO since February 4, 2026. This appointment formalizes his role in the company’s leadership team.
How did the stock market react to the earnings announcement?
Following the earnings release, Automotive Axles shares surged 11.73% to trade at ₹1,842.4 per share on the National Stock Exchange as of 12:14 PM on November 13, 2026. Despite a 2% decline in share price since the start of the year, the stock has gained 15% over the past month and 9% over six months.
What is the background of Automotive Axles Limited?
Established in 1981, Automotive Axles Limited is headquartered in Mysuru, Karnataka, with manufacturing facilities in Mysuru, Pantnagar (Uttarakhand), and Jamshedpur (Jharkhand). The company is the largest independent manufacturer of rear drive axle assemblies in India. It specializes in advanced technology and precision engineering to provide solutions for heavy-duty, medium, and light commercial vehicles.
What is the company’s market position as of November 2026?
According to data from the National Stock Exchange, Automotive Axles has a total market capitalization of ₹2,782.11 crore as of November 13, 2026. The stock reached a 52-week high of ₹2,115 on February 4, 2026, and a low of ₹1,520 on October 26, 2026.
