CIE Automotive India Ltd , a subsidiary of CIE Automotive S.A, Spain, engaged in producing and selling automotive components to original equipment manufacturers (OEMs) in India and overseas, reported steady financial results for Q2FY26.
Financial Highlights:
- Revenues increased 11.1% year-on-year to ₹2,372 crore from ₹2,135 crore.
- Total expenses rose 10.94% to ₹2,109 crore from ₹1,901 crore.
- Consolidated net profit grew 9.74% to ₹214 crore from ₹195 crore.
- Earnings per share improved 9.51% to ₹5.64 from ₹5.15.
Profit growth was supported by top-line expansion and effective cost management despite rising expenses.
Outlook:
CIE Automotive India Ltd aims to capitalize on growing automotive production, strengthen client relationships, and enhance operational efficiencies to sustain growth.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.