318.5000 -2.30 (-0.72%)
NSE Sep 19, 2025 09:23 AM
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GNA Axles Ltd.
23 Jul 2018
IDBI Capital
Net Revenue grew by +47% YoY / +4% QoQ to Rs2.1bn, marginally above our estimates. Domestic revenue grew +30% YoY / -2% QoQ to Rs1.0bn on account of higher volume from domestic tractor and M&HCV; goods segment. Export revenue grew +48% YoY / +9% QoQ to Rs1.0bn led by robust demand in NA/Europe truck market. Top-line performance driven by volume growth of tractor and NA/Europe truck market. Gross margin for the quarter declined -80 bps QoQ due to higher RM cost. RM cost for the quarter increased +58% YoY / +5% QoQ to Rs1.4 bn. EBITDA margin declined -90 bps YoY/ +50 bps QoQ. Adjusted PAT grew by +26% YoY / -15%...
GNA Axles Ltd.'s price crossed above 50Day SMA today
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