{"id":142532,"date":"2023-02-22T09:19:40","date_gmt":"2023-02-22T14:19:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142532"},"modified":"2023-02-22T09:34:37","modified_gmt":"2023-02-22T14:34:37","slug":"mahindra-cie-automotive-q3fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mahindra-cie-automotive-q3fy23-earnings\/","title":{"rendered":"Mahindra CIE Automotive Q3FY23 Earnings"},"content":{"rendered":"\n<p>A large shareholder in the business is Mahindra Vehicle Manufacturing Ltd. The manufacturing and selling automotive parts to manufacturers of original equipment and other clients in India and abroad is business of the firm.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/mahindcie\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mahindra CIE Automotive<\/a>\u2019s revenue from operations in Q3FY23 rose 35% to \u20b9 22,468.35 million. Profit After Tax from continuing operations&nbsp; came at \u20b9 1,948.33 million showcasing a 153% rise YoY over the corresponding period. In this <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/56cc56b4-7e01-49ce-a4fb-16008aae61cf.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">quarter\u2019s results<\/a>, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.<\/p>\n\n\n\n<p>However, due to a loss on fair value on disposal assets and liabilities, the Loss for the period (including the discontinued operations) came at \u20b9 6,578.11 millions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A large shareholder in the business is Mahindra Vehicle Manufacturing Ltd. The manufacturing and selling automotive parts to manufacturers of original equipment and other clients in India and abroad is business of the firm. Financial Results: Mahindra CIE Automotive\u2019s revenue from operations in Q3FY23 rose 35% to \u20b9 22,468.35 million. Profit After Tax from continuing [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134936,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12,6352],"tags":[10576],"class_list":["post-142532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-other-industries","category-research-summary","tag-automotives"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":144113,"url":"https:\/\/alphastreet.com\/india\/mahindra-cie-automotive-q4fy23-earnings\/","url_meta":{"origin":142532,"position":0},"title":"Mahindra CIE Automotive Q1CY23 Earnings","author":"Karan_Singh","date":"April 25, 2023","format":false,"excerpt":"Mahindra A Spanish subsidiary of CIE Automotive S.A. is CIE Automotive Limited. In addition, Mahindra Vehicle Manufacturing Ltd. has a sizable amount of stock in the business. Production and sales of automobile components to original equipment manufacturers and other clients in India and abroad are the company's main business activities.\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"GABRIEL","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":149306,"url":"https:\/\/alphastreet.com\/india\/mahindra-cie-automotive-india-ltd-q1fy24-21-rise-in-profits\/","url_meta":{"origin":142532,"position":1},"title":"Mahindra CIE Automotive India Ltd Q1FY24; 21% rise in Profits.","author":"Divyansh_Kasana","date":"July 18, 2023","format":false,"excerpt":"Company Description: 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\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-62.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-62.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-62.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-62.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-62.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-62.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141275,"url":"https:\/\/alphastreet.com\/india\/mahindra-mahindra-finance-q3fy23-earnings\/","url_meta":{"origin":142532,"position":2},"title":"Mahindra &#038; Mahindra Finance Q3FY23 Earnings","author":"Karan_Singh","date":"February 13, 2023","format":false,"excerpt":"Early in the 1990s, Mahindra Finance was founded as a captive lender for Mahindra Utility Vehicles. The firm has expanded into a financial services provider with such a full suite of financial products designed for the neglected client in under-penetrated remote areas, including Mahindra UVs, tractors, and non-Mahindra items. The\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-157509282.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-157509282.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-157509282.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-157509282.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":165335,"url":"https:\/\/alphastreet.com\/india\/cie-automotive-india-ltd-q2fy25-48-fall-in-profits\/","url_meta":{"origin":142532,"position":3},"title":"CIE Automotive India Ltd Q2FY25; 48% fall in Profits","author":"Divyansh_Kasana","date":"October 31, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167378,"url":"https:\/\/alphastreet.com\/india\/cie-automotive-india-ltd-q3fy25-9-rise-in-profits\/","url_meta":{"origin":142532,"position":4},"title":"CIE Automotive India Ltd Q3FY25; 9% rise in Profits","author":"Divyansh_Kasana","date":"March 13, 2025","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141372,"url":"https:\/\/alphastreet.com\/india\/mahindra-logistics-limited-q3fy23-earnings-story\/","url_meta":{"origin":142532,"position":5},"title":"Mahindra Logistics Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 13, 2023","format":false,"excerpt":"Mahindra Logistics Ltd is an integrated logistics & mobility solutions provider.\u00a0 The company provides expertise in Supply Chain\u00a0 to a wide range of industry verticals, including Pharmaceuticals, Commodities, Consumer Goods, Automotive, E-commerce, and Engineering. Financial Results: For the three months period that ended December 31, the company's consolidated PAT decreased\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/supplier-visibility-eturns.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/supplier-visibility-eturns.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/supplier-visibility-eturns.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142532"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134936"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}