Mahindra CIE Automotive net profit declines 86.35% in the December 2013 quarter

Sales decline 17.61% to Rs 80.82 crore

Net profit of Mahindra CIE Automotive declined 86.35% to Rs 1.50 crore in the quarter ended December 2013 as against Rs 10.99 crore during the previous quarter ended December 2012. Sales declined 17.61% to Rs 80.82 crore in the quarter ended December 2013 as against Rs 98.09 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales80.8298.09 -18 OPM %12.6317.91 -PBDT9.8517.95 -45 PBT2.7810.99 -75 NP1.5010.99 -86

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