Mahindra CIE Automotive standalone net profit declines 30.33% in the June 2016 quarter

Sales decline 0.63% to Rs 378.29 crore

Net profit of Mahindra CIE Automotive declined 30.33% to Rs 11.30 crore in the quarter ended June 2016 as against Rs 16.22 crore during the previous quarter ended June 2015. Sales declined 0.63% to Rs 378.29 crore in the quarter ended June 2016 as against Rs 380.70 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales378.29380.70 -1 OPM %10.5110.51 -PBDT43.8841.29 6 PBT26.6924.52 9 NP11.3016.22 -30

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