Automotive Axles shares jump 16% as Q2 net profit grows to ₹60 crore; check all numbers

The company posted a consolidated net profit of ₹60 crore for Q2 FY27, marking a growth of 67% from ₹36 crore in the same period last year.

The auto components and equipment maker’s revenue from operations increased 44% to ₹663 crore in the July-September quarter as compared to ₹462 crore in the corresponding quarter of the previous fiscal year.

The Mysuru-headquartered company reported stable operational performance in the September quarter, as its earnings before interest, taxes, depreciation, and amortisation (EBITDA), also known as operating profit, advanced 74% to ₹83 crore as against ₹48 crore YoY.

Its operating profit margin expanded to 12.55% annually from 10.37% in Q2 FY26.

For half a year (H1 FY27), Automotive Axles’ net profit jumped 47% to ₹106 crore as compared to ₹72 crore on a YoY basis. Its revenue from operations for H1 FY27 surged 24% to ₹1,179 crore as against ₹951 crore in H1 FY26.

New CFO appointed

Along with the earnings, the company’s Board of Directors also approved the appointment of Raman K as the Chief Financial Officer (CFO) and key managerial personnel of Automotive Axles, effective from November 12, 2026.

“It is informed that Mr. Raman K was earlier appointed as an interim chief financial officer of the Company by the Board of Directors at their Meeting held on 4th February 2026, till the time a new Chief Financial officer will be appointed by the Board. The Board has now approved the appointment of Mr. Raman K as the Chief Financial Officer & Key Managerial Personnel of the Company in the regular capacity,” the company said in a regulatory filing.

Automotive Axles share price trends

At 12:14 PM, Automotive Axles shares were trading at ₹1,842.4 apiece on the National Stock Exchange, surging 11.73%.

From the beginning of the year, Automotive Axles shares have slipped 2%. Over a month’s time, the stock has gained 15%, while for a six-month period, it has jumped 9%.

Shares of the firm had hit a 52-week high of ₹2,115 on February 4, 2026, and a 52-week low of ₹1,520 on October 26, 2026.

About the company

Established in 1981, Automotive Axles Limited has manufacturing facilities in Mysuru (Karnataka), Pantnagar (Uttarakhand) and Jamshedpur (Jharkhand). The firm is currently the largest independent manufacturer of rear drive axle assemblies in India.

The firm combines advanced technology with precision engineering to deliver innovative solutions for heavy-duty, medium, and light commercial vehicles. 

According to NSE data, as of November 13, 2026, Automotive Axles has a total market capitalisation of ₹2,782.11 crore.