Crime Today News
CIE Automotive India Limited (formerly known as Mahindra CIE Automotive Limited) reported consolidated revenue from operations of ₹2,272.63 crores for Q4FY25, representing a 6.3% decline compared to ₹2,426.80 crores in Q4FY24. Despite the revenue dip, the company managed to contain the impact on profitability.
The company’s profit after tax stood at ₹206.40 crores in Q4, compared to ₹230.48 crores in the same quarter last year, marking a 10.4% decrease year-on-year.
Total income decreased by 6.8% to ₹2,308.76 crores from ₹2,478.12 crores in Q1 2024, with India operations showing a modest 2.7% growth to ₹1,466.26 crores while European operations declined significantly by 19.3% to ₹806.85 crores. This regional disparity impacted overall profitability, with segment profits before tax and interest decreasing by 12.3% to ₹286.23 crores and earnings per share from continuing operations falling by 10.5% to ₹5.43 compared to ₹6.07 in the same quarter last year.
CIE Automotive India Limited, formerly known as Mahindra CIE Automotive Limited, is a leading automotive components manufacturer in India. It is part of the global CIE Automotive Group, which is headquartered in Spain. The company specializes in manufacturing various automotive components including forgings, castings, stampings, gears, and magnetic products. CIE Automotive India serves both domestic and international markets, with operations across multiple facilities in India and Europe. The company caters to diverse vehicle segments including passenger cars, commercial vehicles, tractors, two-wheelers, and off-highway vehicles.
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