Sales decline 12.76% to Rs 1722.94 crore
Net profit of Mahindra CIE Automotive declined 89.98% to Rs 13.92 crore in the quarter ended December 2019 as against Rs 138.89 crore during the previous quarter ended December 2018. Sales declined 12.76% to Rs 1722.94 crore in the quarter ended December 2019 as against Rs 1975.03 crore during the previous quarter ended December 2018.For the full year,net profit declined 28.98% to Rs 353.79 crore in the year ended December 2019 as against Rs 498.15 crore during the previous year ended December 2018. Sales declined 1.54% to Rs 7907.82 crore in the year ended December 2019 as against Rs 8031.54 crore during the previous year ended December 2018.
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