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Mahindra CIE Automotive standalone net profit rises 56.75% in the June 2017 quarter

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Capital Market

Sales rise 11.21% to Rs 449.51 crore

Net profit of Mahindra CIE Automotive rose 56.75% to Rs 17.65 crore in the quarter ended June 2017 as against Rs 11.26 crore during the previous quarter ended June 2016. Sales rose 11.21% to Rs 449.51 crore in the quarter ended June 2017 as against Rs 404.20 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales449.51404.20 11 OPM %9.509.84 -PBDT45.1343.91 3 PBT26.9026.72 1 NP17.6511.26 57

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First Published: Jul 20 2017 | 5:51 PM IST

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