CIE Automotive India Posts Gains in Fiscal Q3 Consolidated Profit

MT Newswires Live

2025/02/21

CIE Automotive India (NSE:CIEINDIA, BOM:532756) recorded a rise in its consolidated attributable profit to 1.85 billion Indian rupees in the fiscal third quarter ended Dec. 31, 2024, against 1.69 billion rupees a year ago.

Earnings per share came in at 4.88 rupees compared with the year-ago figure of 4.45 rupees, according to a Thursday filing to the Indian stock exchanges by the auto components manufacturer.

Revenue from operations in fiscal Q3 declined to 21.10 billion rupees from 22.4 billion rupees a year earlier.

Shares of the company were up 2% in recent trade.

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