Business Standard

Mahindra CIE Automotive reports standalone net loss of Rs 32.59 crore in the September 2019 quarter

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Capital Market

Sales decline 27.74% to Rs 471.42 crore

Net loss of Mahindra CIE Automotive reported to Rs 32.59 crore in the quarter ended September 2019 as against net profit of Rs 42.58 crore during the previous quarter ended September 2018. Sales declined 27.74% to Rs 471.42 crore in the quarter ended September 2019 as against Rs 652.41 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales471.42652.41 -28 OPM %8.8212.10 -PBDT41.1783.49 -51 PBT22.4164.94 -65 NP-32.5942.58 PL

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First Published: Oct 24 2019 | 9:16 AM IST

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