Stock Report

Mahindra CIE Automotive Ltd Q2CY2020 consolidated loss at Rs. 128.73 crore



Posted On : 2020-07-21 19:19:26( TIMEZONE : IST )

Mahindra CIE Automotive Ltd Q2CY2020 consolidated loss at Rs. 128.73 crore

Mahindra CIE Automotive Limited has reported financial results for the period ended June 30, 2020.

Financial Results (Q2 CY2020) - QoQ Comparison

The company has reported total income of Rs.753.41 crores during the period ended June 30, 2020 as compared to Rs.1667.59 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.(128.73) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.62.68 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.(3.40) for the period ended June 30, 2020 as compared to Rs.1.65 for the period ended March 31, 2020.

FinancialsQ2 CY2020Q1 CY2020% Change
Total Income₹ 753.41 crs₹ 1667.59 crsDown Tick -54.82%
Net Profit₹ (128.73) crs₹ 62.68 crsDown Tick -305.38%
EPS₹ (3.40)₹ 1.65Down Tick -306.06%

Financial Results (Q2 CY2020) - YoY Comparison

The company has reported total income of Rs.753.41 crores during the period ended June 30, 2020 as compared to Rs.2149.76 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.(128.73) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.126.22 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.(3.40) for the period ended June 30, 2020 as compared to Rs.3.33 for the period ended June 30, 2019.

FinancialsQ2 CY2020Q2 CY2019% Change
Total Income₹ 753.41 crs₹ 2149.76 crsDown Tick -64.95%
Net Profit₹ (128.73) crs₹ 126.22 crsDown Tick -201.99%
EPS₹ (3.40)₹ 3.33Down Tick -202.1%

Financial Results (6 months ended CY 2020) - YoY Comparison

The company has reported total income of Rs.2421 crores during the 6 months period ended June 30, 2020 as compared to Rs.4338.99 crores during the 6 months period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.(66.05) crores for the 6 months period ended June 30, 2020 as against net profit / (loss) of Rs.278.64 crores for the 6 months period ended June 30, 2019.

The company has reported EPS of Rs.(1.74) for the 6 months period ended June 30, 2020 as compared to Rs.7.36 for the 6 months period ended June 30, 2019.

Financials6 Months Ended CY20206 Months Ended CY2019% Change
Total Income₹ 2421 crs₹ 4338.99 crsDown Tick -44.2%
Net Profit₹ (66.05) crs₹ 278.64 crsDown Tick -123.7%
EPS₹ (1.74)₹7.36Down Tick -123.64%

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs.114.1 as compared to the previous close of Rs. 118.05. The total number of shares traded during the day was 17174 in over 723 trades.

The stock hit an intraday high of Rs. 123.25 and intraday low of 113.8. The net turnover during the day was Rs. 1992444.

Source : Equity Bulls

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