Stock Report

CIE Automotive India Ltd consolidated Q2 CY2024 PAT lower at Rs. 216.82 crores



Posted On : 2024-07-18 22:36:56( TIMEZONE : IST )

CIE Automotive India Ltd consolidated Q2 CY2024 PAT lower at Rs. 216.82 crores

Mahindra CIE Automotive Limited has reported Consolidated financial results for the period ended June 30, 2024.

Financial Results (Q2 CY2024) - QoQ Comparison

The company has reported total income of Rs. 2323.323 crores during the period ended June 30, 2024 as compared to Rs. 2478.115 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 216.825 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 230.478 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 5.72 for the period ended June 30, 2024 as compared to Rs. 6.08 for the period ended March 31, 2024.

Financials Q2 CY2024 Q1 CY2024 % Change
Total Income ₹ 2323.323 crs ₹2478.115 crs Up Tick / Down Tick-6.25%
Net Profit ₹216.825 crs ₹230.478 crs Up Tick / Down Tick-5.92%
EPS ₹5.72 ₹6.08 Up Tick / Down Tick-5.92%

Financial Results (Q2 CY2024) - YoY Comparison

The company has reported total income of Rs. 2323.323 crores during the period ended June 30, 2024 as compared to Rs.2339.874 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.216.825 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.301.675 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.5.72 for the period ended June 30, 2024 as compared to Rs.7.95 for the period ended June 30, 2023.

Financials Q2 CY2024 Q2 CY2023 % Change
Total Income ₹ 2323.323 crs ₹2339.874 crs Up Tick / Down Tick-0.71%
Net Profit ₹216.825 crs ₹301.675 crs Up Tick / Down Tick-28.13%
EPS ₹5.72 ₹7.95 Up Tick / Down Tick-28.05%

Financial Results (Half Year Ended CY2024) - YoY Comparison

The company has reported total income of Rs.4801.438 crores during the 6 Months period ended June 30, 2024 as compared to Rs.4796.036 crores during the 6 Months period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.447.303 crores for the 6 Months period ended June 30, 2024 as against net profit / (loss) of Rs.580.797 crores for the 6 Months period ended June 30, 2023.

The company has reported EPS of Rs.11.80 for the 6 Months period ended June 30, 2024 as compared to Rs.15.31 for the 6 Months period ended June 30, 2023.

Financials Half Year Ended CY2024 Half Year Ended CY2023 % Change
Total Income ₹4801.438 crs ₹4796.036 crs Up Tick / Down Tick0.11%
Net Profit ₹447.303 crs ₹580.797 crs Up Tick / Down Tick-22.98%
EPS ₹11.80 ₹15.31 Up Tick / Down Tick-22.93%

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs. 606.90 as compared to the previous close of Rs. 612.25. The total number of shares traded during the day was 12434 in over 1302 trades.

The stock hit an intraday high of Rs. 614.95 and intraday low of 600.00. The net turnover during the day was Rs. 7540308.00.

Source : Equity Bulls

Keywords

CIEAutomotiveIndia Q2CY24 H1CY2024 Q2CY2024 ResultUpdate