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Mahindra CIE Automotive reports consolidated net loss of Rs 128.74 crore in the June 2020 quarter

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Capital Market

Sales decline 65.66% to Rs 735.47 crore

Net loss of Mahindra CIE Automotive reported to Rs 128.74 crore in the quarter ended June 2020 as against net profit of Rs 126.22 crore during the previous quarter ended June 2019. Sales declined 65.66% to Rs 735.47 crore in the quarter ended June 2020 as against Rs 2141.99 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales735.472141.99 -66 OPM %-13.1212.21 -PBDT-95.30257.84 PL PBT-147.06173.44 PL NP-128.74126.22 PL

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

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