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Mahindra CIE Automotive standalone net profit declines 30.60% in the September 2015 quarter

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Sales decline 4.99% to Rs 366.45 crore

Net profit of Mahindra CIE Automotive declined 30.60% to Rs 9.66 crore in the quarter ended September 2015 as against Rs 13.92 crore during the previous quarter ended September 2014. Sales declined 4.99% to Rs 366.45 crore in the quarter ended September 2015 as against Rs 385.71 crore during the previous quarter ended September 2014. ParticularsQuarter EndedSep. 2015Sep. 2014% Var.Sales366.45385.71 -5 OPM %8.869.53 -PBDT33.0536.99 -11 PBT15.1118.81 -20 NP9.6613.92 -31

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First Published: Oct 21 2015 | 4:11 PM IST

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