Results 23-Apr-20
Announcements
Mahindra CIE Automotive consolidated net profit declines 58.87% in the March 2020 quarter
Sales decline 23.53% to Rs 1662.71 crore
Net profit of Mahindra CIE Automotive declined 58.87% to Rs 62.69 crore in the quarter ended March 2020 as against Rs 152.42 crore during the previous quarter ended March 2019. Sales declined 23.53% to Rs 1662.71 crore in the quarter ended March 2020 as against Rs 2174.39 crore during the previous quarter ended March 2019.
Particulars
Quarter Ended
Mar. 2020
Mar. 2019
% Var.
Sales
1662.71
2174.39
-24
OPM %
10.96
12.93
-
PBDT
168.96
285.78
-41
PBT
87.43
211.74
-59
NP
62.69
152.42
-59
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