AUTOAXLES: Q1 FY25 saw stable margins amid lower revenue, with new product launches and major CapEx planned

About this update from Automotive Axles Limited

Q1 FY25 revenue was INR 498 crore with a 7.4% sequential decline, but margins remained stable. New bus axle and ICV brake launches are set for Q3/Q4 FY25, targeting higher market share. INR 100 crore CapEx is planned, and the company is focused on product mix and cost control.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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