Stock Report

CIE Automotive India Ltd Q3 CY2024 PAT slips to Rs. 195.22 crores



Posted On : 2024-10-25 19:55:37( TIMEZONE : IST )

CIE Automotive India Ltd Q3 CY2024 PAT slips to Rs. 195.22 crores

Mahindra CIE Automotive Limited has reported Consolidated financial results for the period ended September 30, 2024.

Financial Results (Q3 CY2024) - QoQ Comparison

The company has reported total income of Rs. 2158.893 crores during the period ended September 30, 2024 as compared to Rs. 2323.323 crores during the period ended June 30, 2024.

The company has posted net profit / (loss) of Rs. 195.229 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs. 216.825 crores for the period ended June 30, 2024.

The company has reported EPS of Rs. 5.14 for the period ended September 30, 2024 as compared to Rs. 5.72 for the period ended June 30, 2024.

Financials Q3 CY2024 Q2 CY2024 % Change
Total Income ₹ 2158.893 crs ₹2323.323 crs Up Tick / Down Tick-7.08%
Net Profit ₹195.229 crs ₹216.825 crs Up Tick / Down Tick-9.96%
EPS ₹5.14 ₹5.72 Up Tick / Down Tick-10.14%

Financial Results (Q3 CY2024) - YoY Comparison

The company has reported total income of Rs. 2158.893 crores during the period ended September 30, 2024 as compared to Rs.2299.426 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.195.229 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs.375.416 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.5.14 for the period ended September 30, 2024 as compared to Rs.9.90 for the period ended September 30, 2023.

Financials Q3 CY2024 Q3 CY2023 % Change
Total Income ₹ 2158.893 crs ₹2299.426 crs Up Tick / Down Tick-6.11%
Net Profit ₹195.229 crs ₹375.416 crs Up Tick / Down Tick-48.00%
EPS ₹5.14 ₹9.90 Up Tick / Down Tick-48.08%

Financial Results (9 Months Ended CY2024) - YoY Comparison

The company has reported total income of Rs.6960.184 crores during the 9 Months period ended September 30, 2024 as compared to Rs.7095.462 crores during the 9 Months period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.642.532 crores for the 9 Months period ended September 30, 2024 as against net profit / (loss) of Rs.956.213 crores for the 9 Months period ended September 30, 2023.

The company has reported EPS of Rs.16.94 for the 9 Months period ended September 30, 2024 as compared to Rs.25.21 for the 9 Months period ended September 30, 2023.

Financials 9 Months Ended CY2024 9 Months Ended CY2023 % Change
Total Income ₹6960.184 crs ₹7095.462 crs Up Tick / Down Tick-1.91%
Net Profit ₹642.532 crs ₹956.213 crs Up Tick / Down Tick-32.80%
EPS ₹16.94 ₹25.21 Up Tick / Down Tick-32.80%

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs. 503.10 as compared to the previous close of Rs. 513.75. The total number of shares traded during the day was 3076 in over 270 trades.

The stock hit an intraday high of Rs. 516.25 and intraday low of 501.50. The net turnover during the day was Rs. 1565890.00.

Source : Equity Bulls

Keywords

CIEAutomotiveIndia Q3CY24 9MCY24 Q3CY2024 9MCY2024 ResultUpdate