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Mahindra CIE Automotive standalone net profit rises 244.40% in the September 2021 quarter

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Capital Market

Sales rise 41.53% to Rs 878.94 crore

Net profit of Mahindra CIE Automotive rose 244.40% to Rs 98.05 crore in the quarter ended September 2021 as against Rs 28.47 crore during the previous quarter ended September 2020. Sales rose 41.53% to Rs 878.94 crore in the quarter ended September 2021 as against Rs 621.04 crore during the previous quarter ended September 2020. ParticularsQuarter EndedSep. 2021Sep. 2020% Var.Sales878.94621.04 42 OPM %14.0711.23 -PBDT124.0670.80 75 PBT93.1139.50 136 NP98.0528.47 244

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First Published: Oct 16 2021 | 8:08 AM IST

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