Mahindra CIE Automotive standalone net profit rises 44.91% in the September 2017 quarter

Sales rise 20.85% to Rs 484.25 crore

Net profit of Mahindra CIE Automotive rose 44.91% to Rs 20.36 crore in the quarter ended September 2017 as against Rs 14.05 crore during the previous quarter ended September 2016. Sales rose 20.85% to Rs 484.25 crore in the quarter ended September 2017 as against Rs 400.69 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales484.25400.69 21 OPM %9.988.71 -PBDT50.2138.94 29 PBT32.4521.22 53 NP20.3614.05 45

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