At the operating level, EBITDA declined 6.4% to ₹337.6 crore over ₹360.6 crore in the same quarter last year. The operating margin contracted to 14.2% from 15.7% YoY. Shares of CIE Automotive India Ltd ended at ₹429, down by ₹0.050 or 0.012% on the BSE.
Automotive component supplier CIE Automotive India Limited on Monday (July 21) reported a 6.2% year-on-year (YoY) dip in net profit at ₹203.5 crore for the first quarter over ₹217 crore in Q1FY25.
The company’s revenue from operations fell 4.1% to ₹2,369 crore from ₹2,293 crore last year.
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At the operating level, EBITDA declined 6.4% to ₹337.6 crore over ₹360.6 crore in the same quarter last year. The EBITDA margin contracted to 14.2% from 15.7% YoY.
The results came after the close of the market hours. Shares of CIE Automotive India Ltd ended at ₹429, down by ₹0.050 or 0.012%, on the BSE.
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(Edited by : Shoma Bhattacharjee)
