Mahindra CIE Automotive standalone net profit rises 48.36% in the September 2016 quarter

Sales rise 2.20% to Rs 413.86 crore

Net profit of Mahindra CIE Automotive rose 48.36% to Rs 14.05 crore in the quarter ended September 2016 as against Rs 9.47 crore during the previous quarter ended September 2015. Sales rose 2.20% to Rs 413.86 crore in the quarter ended September 2016 as against Rs 404.94 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales413.86404.94 2 OPM %8.447.94 -PBDT38.9432.47 20 PBT21.2214.82 43 NP14.059.47 48

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