Automotive Axles Ltd has announced its financial results for the period ended December 31st 2011. The company has posted net profit of INR 197.34 million for the quarter ended December 31st 2011 as compared to INR 97.64 million for the quarter ended December 31st 2010, representing an increase of 102.10%.

The company’s total income was at INR 2925.50 million for the quarter ended December 31st 2011 where as the same was at INR 1794.64 million for the quarter ended December 31st 2010, representing an increase of 63.01%.

(Sourced from Equity Bulls)