Mahindra CIE releases Consolidated Quarterly Results for December 31, 2022.
Mahindra CIE Quarterly Results (Q3 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs.2271.23 Crores (December 31, 2022) vs. Rs.2242.799 Crores (September 30, 2022)
Net profit/loss: Rs.-657.811 Crores (December 31, 2022) vs. Rs.171.367 Crores (September 30, 2022)
EPS: Rs.-17.35 (December 31, 2022) vs. Rs.4.52 (September 30, 2022)
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹2271.23 Cr | ₹2242.799 Cr | ⬆ 1.27% |
| Net Profit | ₹-657.811 Cr | ₹171.367 Cr | ⬇ -483.86% |
| EPS | ₹-17.35 | ₹4.52 | ⬇ -483.85% |
Mahindra CIE Quarterly Results (Q3 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs.2271.23 Crores (December 31, 2022) vs. Rs.1685.587 Crores (December 31, 2022)
Net profit/loss: Rs.-657.811 Crores (December 31, 2022) vs. Rs.80.226 Crores (December 31, 2022)
EPS: Rs.-17.35 (December 31, 2022) vs. Rs.2.11 (December 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹2271.23 Cr | ₹1685.587 Cr | ⬆ 34.74% |
| Net Profit | ₹-657.811 Cr | ₹80.226 Cr | ⬇ -919.95% |
| EPS | ₹-17.35 | ₹2.11 | ⬇ -922.27% |
Mahindra CIE Quarterly Results (9 Months Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs.8811.325 Crores (December 31, 2022) vs. Rs.6811.964 Crores (December 31, 2021)
Net profit/loss: Rs.-136.166 Crores (December 31, 2022) vs. Rs.392.843 Crores (December 31, 2021)
EPS: Rs.-3.59 (December 31, 2022) vs. Rs.392.843 (December 31, 2021)
| Financials | 9 Months Ended FY2023 | 9 Months Ended FY2022 | % Change |
| Total Income | ₹8811.325 Cr | ₹6811.964 Cr | ⬆ 29.35% |
| Net Profit | ₹-136.166 Cr | ₹392.843 Cr | ⬇ -134.66% |
| EPS | ₹-3.59 | ₹392.843 crs | ⬇ -134.65% |
About Mahindra CIE:
Mahindra CIE Automotive Limited is a subsidiary of CIE Automotive S.A, Spain. Mahindra Vehicle Manufacturing Ltd. is also a significant shareholder in the company. The company is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers in India and overseas.
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