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Shares of CIE Automotive India Ltd slipped 1.74% to Rs 403.85 on Tuesday after the company reported a 10.45% decline in net profit for the quarter ended March 2025. The auto components manufacturer posted a net profit of Rs 206.40 crore, down from Rs 230.48 crore in the same quarter last year.
Sales also declined by 6.35% year-on-year to Rs 2,272.63 crore, compared to Rs 2,426.80 crore in Q4 FY24. The company’s operating profit margin remained stable at 14.76% versus 14.86% last year, indicating relatively steady operational efficiency despite lower revenue.
Profit before depreciation, interest, and taxes (PBDT) came in at Rs 359.47 crore, down 8% from Rs 390.26 crore, while profit before tax (PBT) dropped to Rs 273.02 crore from Rs 303.92 crore.
At 9:30 AM, the stock was trading near the lower end of its intraday range of Rs 401.10 to Rs 411.85. CIE Automotive India currently commands a market capitalization of Rs 15,321 crore, with a P/E ratio of 18.68 and a dividend yield of 1.73%.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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