Automotive Axles Share Price Jumps 11%; Reports 67.2% Rise in Q2FY27 Net Profit

Written by: Team Angel OneUpdated on: 13 Nov 2026, 8:03 pm IST

Automotive Axles posted an increase in quarterly revenue and net profit, with earnings per share also rising from a year earlier.

Automotive Axles Limited reported revenue from operations of ₹662.56 crore in the September 2026 quarter, up from ₹461.76 crore in the same period last year. The company had reported revenue of ₹516.82 crore in the June quarter.

As per exchange filings dated November 12, 2026, other income stood at ₹8.40 crore, taking total income for the quarter to ₹670.96 crore. This compares with ₹470.63 crore in Q2 FY26.

Profit and Expenses

Net profit for the quarter increased to ₹60.14 crore from ₹35.95 crore a year earlier, a rise of 67.2%. Profit before tax also increased, reaching ₹80.71 crore against ₹48.12 crore in the September 2025 quarter.

The company reported total expenses of ₹590.25 crore, compared with ₹422.51 crore in the corresponding quarter last year. Raw material costs accounted for ₹431.24 crore, up from ₹300.26 crore. Employee benefits expense increased to ₹42.34 crore from ₹37.21 crore, while other expenses rose to ₹92.92 crore from ₹65.63 crore.

Earnings per share for the quarter stood at ₹39.79, compared with ₹23.79 in Q2 FY26.

Six-Month Financial Results

For the six months ended September 30, 2026, revenue from operations stood at ₹1,179.38 crore, against ₹951.14 crore in the same period last year. Net profit for the period was ₹105.73 crore, compared with ₹71.68 crore. Earnings per share increased to ₹69.96 from ₹47.43.

Cash generated from operating activities during the first half was ₹86.06 crore, compared with ₹80.34 crore a year earlier. The company's cash and cash equivalents stood at ₹30.82 crore at the end of September.

The results were reviewed by S.R. Batliboi & Associates LLP.

Raman K Appointed as CFO

The board also approved Raman K's appointment as Chief Financial Officer and Key Managerial Personnel from November 12, 2026. He had been serving as interim CFO since February 4, 2026.

He has over 15 years of experience and has previously worked with Cyient, Royal Enfield and Sundaram Clayton.

As of November 13, 2026, 1:31 pm, Automotive Axles share price was trading at ₹1,823.60, an 11% increase from the previous closing price.

Conclusion

The company's revenue and net profit increased year-on-year in Q2 FY27. Its board approved Raman K's appointment as Chief Financial Officer, effective November 12, 2026.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Nov 13, 2026, 2:33 PM IST

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