Stock Report

Mahindra CIE Automotive Ltd reports Q2CY21 consolidated PAT of Rs. 136.19 crore



Posted On : 2021-07-21 18:46:08( TIMEZONE : IST )

Mahindra CIE Automotive Ltd reports Q2CY21 consolidated PAT of Rs. 136.19 crore

Mahindra CIE Automotive Limited has reported financial results for the period ended June 30, 2021.

Financial Results (Q2 CY2021) - QoQ Comparison

The company has reported total income of Rs.2054.03 crores during the period ended June 30, 2021 as compared to Rs.2208.75 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.136.19 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.10.09 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.3.59 for the period ended June 30, 2021 as compared to Rs.0.27 for the period ended March 31, 2021.

FinancialsQ2 CY2021Q1 CY2021% Change
Total Income₹ 2054.03 crs₹ 2208.75 crsDown Tick -7%
Net Profit₹ 136.19 crs₹ 10.09 crsUp Tick 1249.75%
EPS₹ 3.59₹ 0.27Up Tick 1229.63%

Financial Results (Q2 CY2021) - YoY Comparison

The company has reported total income of Rs.2054.03 crores during the period ended June 30, 2021 as compared to Rs.753.41 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.136.19 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(128.68) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.3.59 for the period ended June 30, 2021 as compared to Rs.(3.40) for the period ended June 30, 2020.

FinancialsQ2 CY2021Q2 CY2020% Change
Total Income₹ 2054.03 crs₹ 753.41 crsUp Tick 172.63%
Net Profit₹ 136.19 crs₹ (128.68) crsUp Tick 205.84%
EPS₹ 3.59₹ (3.40)Up Tick 205.59%

Financial Results (6 months ended CY 2021) - YoY Comparison

The company has reported total income of Rs.4262.79 crores during the 6 months period ended June 30, 2021 as compared to Rs.2421 crores during the 6 months period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.146.29 crores for the 6 months period ended June 30, 2021 as against net profit / (loss) of Rs.(65.99) crores for the 6 months period ended June 30, 2020.

The company has reported EPS of Rs.3.86 for the 6 months period ended June 30, 2021 as compared to Rs.(1.74) for the 6 months period ended June 30, 2020.

Financials6 Months Ended CY20216 Months Ended CY2020% Change
Total Income₹ 4262.79 crs₹ 2421 crsUp Tick 76.08%
Net Profit₹ 146.29 crs₹ (65.99) crsUp Tick 321.69%
EPS₹ 3.86₹(1.74)Up Tick 321.84%

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs. 239.9 as compared to the previous close of Rs. 245.2. The total number of shares traded during the day was 29287 in over 1149 trades.

The stock hit an intraday high of Rs. 248.8 and intraday low of 231.25. The net turnover during the day was Rs. 6988392.

Source : Equity Bulls

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