Mahindra CIE Automotive consolidated net profit declines 86.36% in the March 2020 quarter

Sales decline 23.53% to Rs 1662.71 crore

Net profit of Mahindra CIE Automotive declined 86.36% to Rs 20.79 crore in the quarter ended March 2020 as against Rs 152.42 crore during the previous quarter ended March 2019. Sales declined 23.53% to Rs 1662.71 crore in the quarter ended March 2020 as against Rs 2174.39 crore during the previous quarter ended March 2019. ParticularsQuarter EndedMar. 2020Mar. 2019% Var.Sales1662.712174.39 -24 OPM %10.9612.93 -PBDT127.06285.78 -56 PBT45.53211.74 -78 NP20.79152.42 -86

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