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Mahindra CIE Automotive consolidated net profit declines 83.90% in the March 2021 quarter

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Capital Market

Sales rise 31.68% to Rs 2189.40 crore

Net profit of Mahindra CIE Automotive declined 83.90% to Rs 10.09 crore in the quarter ended March 2021 as against Rs 62.69 crore during the previous quarter ended March 2020. Sales rose 31.68% to Rs 2189.40 crore in the quarter ended March 2021 as against Rs 1662.71 crore during the previous quarter ended March 2020. ParticularsQuarter EndedMar. 2021Mar. 2020% Var.Sales2189.401662.71 32 OPM %13.1010.96 -PBDT292.02168.96 73 PBT203.7387.43 133 NP10.0962.69 -84

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First Published: Apr 29 2021 | 5:35 PM IST

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