Associate Sponsors

Mahindra CIE Automotive reports standalone net loss of Rs 46.72 crore in the June 2020 quarter

Image
Capital Market
Last Updated : Jul 22 2020 | 9:04 AM IST

Sales decline 74.50% to Rs 188.59 crore

Net loss of Mahindra CIE Automotive reported to Rs 46.72 crore in the quarter ended June 2020 as against net profit of Rs 40.85 crore during the previous quarter ended June 2019. Sales declined 74.50% to Rs 188.59 crore in the quarter ended June 2020 as against Rs 739.62 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales188.59739.62 -75 OPM %-24.0412.05 -PBDT-42.9491.13 PL PBT-61.9764.01 PL NP-46.7240.85 PL

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jul 22 2020 | 7:01 AM IST

Next Story