Image Source : Equitypandit
CIE Automotive India Ltd has reported robust financial results for the June quarter, reflecting operational resilience and strategic execution across its automotive components portfolio.
Key Highlights:
- Consolidated revenue from operations stood at ₹23.69 billion, driven by steady demand across domestic and export markets.
- Net profit for the quarter reached ₹2.04 billion, showcasing efficient cost management and margin stability.
- The company continues to benefit from its diversified product mix and strong OEM relationships.
- Operational efficiencies and digital integration across plants contributed to improved throughput and reduced overheads.
- CIE Automotive India remains focused on expanding its footprint in EV components and lightweight engineering solutions.
Outlook:
Analysts expect continued momentum in the upcoming quarters, supported by rising automotive demand and CIE’s strategic investments in innovation and sustainability.
Sources: Economic Times, Moneycontrol, CIE Automotive India official filings.
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