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Mahindra CIE Automotive standalone net profit rises 148.44% in the June 2018 quarter

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Capital Market

Sales rise 44.59% to Rs 649.96 crore

Net profit of Mahindra CIE Automotive rose 148.44% to Rs 43.85 crore in the quarter ended June 2018 as against Rs 17.65 crore during the previous quarter ended June 2017. Sales rose 44.59% to Rs 649.96 crore in the quarter ended June 2018 as against Rs 449.51 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales649.96449.51 45 OPM %12.559.50 -PBDT85.9445.13 90 PBT67.5326.90 151 NP43.8517.65 148

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First Published: Jul 19 2018 | 5:07 PM IST

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