Mahindra CIE Automotive standalone net profit rises 131.79% in the March 2018 quarter

Sales rise 31.74% to Rs 611.97 crore

Net profit of Mahindra CIE Automotive rose 131.79% to Rs 38.57 crore in the quarter ended March 2018 as against Rs 16.64 crore during the previous quarter ended March 2017. Sales rose 31.74% to Rs 611.97 crore in the quarter ended March 2018 as against Rs 464.53 crore during the previous quarter ended March 2017. ParticularsQuarter EndedMar. 2018Mar. 2017% Var.Sales611.97464.53 32 OPM %12.089.54 -PBDT78.5143.48 81 PBT59.6626.36 126 NP38.5716.64 132

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