Mahindra CIE Automotive Limited is a subsidiary of CIE Automotive S.A, Spain. Mahindra Vehicle Manufacturing Ltd. is also a significant shareholder in the company. The company is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers in India and overseas.
Financial Results:
CIE Automotive India Ltd reported Revenues for Q3FY25 of ₹2,110.00 Crores down from ₹2,240.00 Crore year on year, a fall of 5.8%.
Total Expenses for Q3FY25 of ₹1,910.00 Crores down from ₹2,021.00 Crores year on year, a fall of 5.49%.
Consolidated Net Profit of ₹185.00 Crores up 9.47% from ₹169.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.88, up 9.66% from ₹4.45 in the same quarter of the previous year.
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