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Mahindra CIE Automotive standalone net profit rises 395.21% in the March 2015 quarter

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Capital Market

Sales rise 326.71% to Rs 379.22 crore

Net profit of Mahindra CIE Automotive rose 395.21% to Rs 32.04 crore in the quarter ended March 2015 as against Rs 6.47 crore during the previous quarter ended March 2014. Sales rose 326.71% to Rs 379.22 crore in the quarter ended March 2015 as against Rs 88.87 crore during the previous quarter ended March 2014.

For the full year,net profit rose 332.22% to Rs 77.67 crore in the year ended March 2015 as against Rs 17.97 crore during the previous year ended March 2014. Sales rose 326.85% to Rs 1499.17 crore in the year ended March 2015 as against Rs 351.22 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales379.2288.87 327 1499.17351.22 327 OPM %6.7319.69 -8.8914.90 - PBDT25.3216.09 57 139.1455.05 153 PBT8.729.00 -3 70.2726.76 163 NP32.046.47 395 77.6717.97 332

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First Published: May 12 2015 | 8:54 AM IST

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