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Mahindra CIE Automotive standalone net profit rises 9.40% in the March 2017 quarter

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Capital Market

Sales rise 14.81% to Rs 464.05 crore

Net profit of Mahindra CIE Automotive rose 9.40% to Rs 16.64 crore in the quarter ended March 2017 as against Rs 15.21 crore during the previous quarter ended March 2016. Sales rose 14.81% to Rs 464.05 crore in the quarter ended March 2017 as against Rs 404.19 crore during the previous quarter ended March 2016. ParticularsQuarter EndedMar. 2017Mar. 2016% Var.Sales464.05404.19 15 OPM %9.299.43 -PBDT43.4841.38 5 PBT26.3623.05 14 NP16.6415.21 9

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First Published: Apr 28 2017 | 2:39 PM IST

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