Automotive Axles Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
AUTOAXLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Automotive Axles Limited reported its audited results for Q4 and FY25 (year ended March 31, 2025). Full-year revenue from operations fell to about Rs. 2,078 crore from Rs. 2,229 crore in FY24, a decline of roughly 6.8%. Profit after tax slipped to Rs. 155.5 crore from Rs. 166.2 crore, a fall of about 6.4%. Q4 revenue was Rs. 559.6 crore (vs Rs. 571.5 crore in Q4 FY24), though Q4 PAT improved modestly to Rs. 45.9 crore from Rs. 44.1 crore. The Board declared a final dividend of Rs. 30.50 per share (305%) subject to shareholder approval, with the 44th AGM scheduled for August 12, 2025 and a record date of August 5, 2025. Statutory auditor S.R. Batliboi & Associates LLP issued an unmodified (clean) opinion, and Pracheta and Associates were appointed as Secretarial Auditors for five years. Note: A proposed material related party transaction with Meritor HVS (India) Limited worth Rs. 2,500 crore was rejected by members, after which the company entered into an MoU and Service Agreement to sell directly to OEMs from April 1, 2025.
The FY25 results show a mild topline and earnings contraction, but the business remains profitable with healthy margins and strong cash generation. The robust 305% dividend rewards shareholders, while the rejected large related-party transaction is a governance red flag that may invite shareholder scrutiny, though the alternate direct-sales arrangement provides continuity.