Mahindra CIE Automotive Ltd consolidated Q3CY21 PAT at Rs. 166.32 crore

The Board of Directors of Mahindra CIE Automotive Limited, at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q3 CY2021), the company's total income was ₹ 2098.093 crore, against ₹1736.310 crore in the corresponding quarter of the previous year (YoY) and ₹2054.038 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q3 CY2021), the company's net profit / (loss) was ₹166.324 crore, against ₹60.764 crore in the corresponding quarter of the previous year (YoY) and ₹136.198 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q3 CY2021), the company's Earnings Per Share (EPS) was ₹4.39, against ₹1.59 in the corresponding quarter of the previous year (YoY) and ₹3.59 in previous quarter (QoQ).

Financials	Q3 CY2021	Q2 CY2021	QoQ % Change	Q3 CY2020	YoY % Change
Total Income	₹ 2098.093 crs	₹2054.038 crs	2.14%	₹1736.310 crs	20.84%
Net Profit	₹166.324 crs	₹136.198 crs	22.12%	₹60.764 crs	173.72 %
EPS	₹4.39	₹3.59	22.28%	₹1.59	176.10%

For the 9 Months period ended September 30, 2021(9 Months Ended CY 2021), the company's total income was ₹6360.890 crore, against ₹4157.317 crore in the previous year (YoY) (9 Months Ended CY 2020).

The net profit / (loss) was at ₹312.61 crore for the 9 Months period ended September 30, 2021 (9 Months Ended CY 2021), compared to ₹-5.234 crore in the previous year (YoY) (9 Months Ended CY 2020).

The Earnings Per Share stood at ₹8.25 for the 9 Months period ended September 30, 2021 (9 Months Ended CY 2021), against ₹-0.14 in the previous year (YoY) (9 Months Ended CY 2020).

Financials	9 Months Ended CY2021	9 Months Ended CY2020	% Change
Total Income	₹6360.890 crs	₹4157.317 crs	53.00%
Net Profit	₹312.61 crs	₹-5.234 crs	6,072.68%
EPS	₹8.25	₹-0.14	5,992.86%

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs. 250.85 as compared to the previous close of Rs. 252.00. The total number of shares traded during the day was 43981 in over 1508 trades.

The stock hit an intraday high of Rs. 261.95 and intraday low of 248.55. The net turnover during the day was Rs. 11247325.00.

Source : Equity Bulls

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MahindraCIEAutomotive Q3CY21 9MCY21 ResultUpdate