Results 24-Oct-19
Announcements
Mahindra CIE Automotive reports standalone net loss of Rs 32.59 crore in the September 2019 quarter
Sales decline 27.74% to Rs 471.42 crore
Net loss of Mahindra CIE Automotive reported to Rs 32.59 crore in the quarter ended September 2019 as against net profit of Rs 42.58 crore during the previous quarter ended September 2018. Sales declined 27.74% to Rs 471.42 crore in the quarter ended September 2019 as against Rs 652.41 crore during the previous quarter ended September 2018.
Particulars
Quarter Ended
Sep. 2019
Sep. 2018
% Var.
Sales
471.42
652.41
-28
OPM %
8.82
12.10
-
PBDT
41.17
83.49
-51
PBT
22.41
64.94
-65
NP
-32.59
42.58
PL
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