Stock Report

CIE Automotive Ltd consolidated Q2 CY2023 PAT increases to Rs. 301.67 crores



Posted On : 2023-07-18 20:05:43( TIMEZONE : IST )

CIE Automotive Ltd consolidated Q2 CY2023 PAT increases to Rs. 301.67 crores

Mahindra CIE Automotive Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q2 CY2023) - QoQ Comparison

The company has reported total income of Rs. 2339.874 crores during the period ended June 30, 2023 as compared to Rs. 2456.162 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 301.675 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 279.122 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 7.95 for the period ended June 30, 2023 as compared to Rs. 7.36 for the period ended March 31, 2023.

Financials Q2 CY2023 Q1 CY2023 % Change
Total Income ₹ 2339.874 crs ₹2456.162 crs Up Tick / Down Tick-4.73%
Net Profit ₹301.675 crs ₹279.122 crs Up Tick / Down Tick8.08%
EPS ₹7.95 ₹7.36 Up Tick / Down Tick8.02%

Financial Results (Q2 CY2023) - YoY Comparison

The company has reported total income of Rs. 2339.874 crores during the period ended June 30, 2023 as compared to Rs.2225.938 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.301.675 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.188.850 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.7.95 for the period ended June 30, 2023 as compared to Rs.4.98 for the period ended June 30, 2022.

Financials Q2 CY2023 Q2 CY2022 % Change
Total Income ₹ 2339.874 crs ₹2225.938 crs Up Tick / Down Tick5.12%
Net Profit ₹301.675 crs ₹188.850 crs Up Tick / Down Tick59.74%
EPS ₹7.95 ₹4.98 Up Tick / Down Tick59.64%

Financial Results (Half Year Ended CY2023) - YoY Comparison

The company has reported total income of Rs.4796.036 crores during the 6 Months period ended June 30, 2023 as compared to Rs.4297.495 crores during the 6 Months period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.580.797 crores for the 6 Months period ended June 30, 2023 as against net profit / (loss) of Rs.350.278 crores for the 6 Months period ended June 30, 2022.

The company has reported EPS of Rs.15.31 for the 6 Months period ended June 30, 2023 as compared to Rs.9.24 for the 6 Months period ended June 30, 2022.

Financials Half Year Ended CY2023 Half Year Ended CY2022 % Change
Total Income ₹4796.036 crs ₹4297.495 crs Up Tick / Down Tick11.60%
Net Profit ₹580.797 crs ₹350.278 crs Up Tick / Down Tick65.81%
EPS ₹15.31 ₹9.24 Up Tick / Down Tick65.69%

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs. 531.15 as compared to the previous close of Rs. 540.95. The total number of shares traded during the day was 12951 in over 897 trades.

The stock hit an intraday high of Rs. 549.95 and intraday low of 522.05. The net turnover during the day was Rs. 6862333.00.

Source : Equity Bulls

Keywords

CIEAutomotive Q2CY23 H1CY23 ResultUpdate