Stock Report

Mahindra CIE Automotive Ltd Q3CY2020 consolidated net profit at Rs. 60.76 crore



Posted On : 2020-10-20 19:42:19( TIMEZONE : IST )

Mahindra CIE Automotive Ltd Q3CY2020 consolidated net profit at Rs. 60.76 crore

Mahindra CIE Automotive Limited has reported financial results for the period ended September 30, 2020.

Financial Results (Q3 CY2020) - QoQ Comparison

The company has reported total income of Rs.1736.31 crores during the period ended September 30, 2020 as compared to Rs.753.41 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.60.76 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.(128.68) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.60 for the period ended September 30, 2020 as compared to Rs.(3.40) for the period ended June 30, 2020.

FinancialsQ3 CY2020Q2 CY2020% Change
Total Income₹ 1736.31 crs₹ 753.41 crsUp Tick 130.46%
Net Profit₹ 60.76 crs₹ (128.68) crsUp Tick 147.22%
EPS₹ 1.60₹ (3.40)Up Tick 147.06%

Financial Results (Q3 CY2020) - YoY Comparison

The company has reported total income of Rs.1736.31 crores during the period ended September 30, 2020 as compared to Rs.1872.66 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.60.76 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.61.17 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.1.60 for the period ended September 30, 2020 as compared to Rs.1.61 for the period ended September 30, 2019.

FinancialsQ3 CY2020Q3 CY2019% Change
Total Income₹ 1736.31 crs₹ 1872.66 crsDown Tick -7.28%
Net Profit₹ 60.76 crs₹ 61.17 crsDown Tick -0.67%
EPS₹ 1.60₹ 1.61Down Tick -0.62%

Financial Results (9 months ended CY 2020) - YoY Comparison

The company has reported total income of Rs.4157.31 crores during the 9 months period ended September 30, 2020 as compared to Rs.6211.65 crores during the 9 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.(5.23) crores for the 9 months period ended September 30, 2020 as against net profit / (loss) of Rs.341.18 crores for the 9 months period ended September 30, 2019.

The company has reported EPS of Rs.(0.14) for the 9 months period ended September 30, 2020 as compared to Rs.9 for the 9 months period ended September 30, 2019.

Financials9 Months Ended CY20209 Months Ended CY2019% Change
Total Income₹ 4157.31 crs₹ 6211.65 crsDown Tick -33.07%
Net Profit₹ (5.23) crs₹ 341.18 crsDown Tick -101.53%
EPS₹ (0.14)₹9Down Tick -101.56%

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs.135.5 as compared to the previous close of Rs. 137.6. The total number of shares traded during the day was 12923 in over 567 trades.

The stock hit an intraday high of Rs. 138.15 and intraday low of 131.2. The net turnover during the day was Rs. 1746124.

Source : Equity Bulls

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