Automotive Axles Reports Flat Revenue, Improved Margins in Q1; Expects Market Recovery in H2 Aug 09, 2025
Automotive Axles Limited reported stable revenue of INR 498.00 crores for Q1, with improved EBITDA and PAT margins. The company implemented a new business model, approved INR 120.00 crores capex for expansion, and is developing new products. Despite challenges in the commercial vehicle market, management remains optimistic about recovery in Q3 and Q4. The company aims to double revenue by FY30 through capacity enhancement and automation.