CIE Automotive India reports consolidated net profit of Rs 168.94 crore in the December 2023 quarter

Sales decline 0.29% to Rs 2240.40 crore

Net profit of CIE Automotive India reported to Rs 168.94 crore in the quarter ended December 2023 as against net loss of Rs 657.81 crore during the previous quarter ended December 2022. Sales declined 0.29% to Rs 2240.40 crore in the quarter ended December 2023 as against Rs 2246.84 crore during the previous quarter ended December 2022.

For the full year,net profit reported to Rs 1125.15 crore in the year ended December 2023 as against net loss of Rs 136.17 crore during the previous year ended December 2022. Sales rose 6.02% to Rs 9280.35 crore in the year ended December 2023 as against Rs 8753.04 crore during the previous year ended December 2022.

ParticularsQuarter EndedYear EndedDec. 2023Dec. 2022% Var.Dec. 2023Dec. 2022% Var.Sales2240.402246.84 0 9280.358753.04 6 OPM %14.6013.01 -15.3413.39 - PBDT323.30309.24 5 1398.051209.78 16 PBT245.21232.51 5 1075.85913.56 18 NP168.94-657.81 LP 1125.15-136.17 LP

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