CIE Automotive India Ltd reported a 10.4% year-on-year increase in consolidated net profit for the third quarter, with earnings rising to ₹204.3 crore compared with ₹185 crore in the same period last year.Net revenue for the quarter grew 13.4% to ₹2,393 crore from ₹2,110 crore a year earlier, reflecting steady demand across segments. The double-digit revenue growth suggests resilient order flows despite a mixed demand environment in the broader auto sector.
EBITDA rose 11.7% year-on-year to ₹335 crore versus ₹299 crore in the corresponding quarter of the previous fiscal. However, EBITDA margin edged lower to 14% from 14.2% a year ago, indicating slight pressure on profitability despite higher revenues.
The marginal compression in margins points to higher input costs or operating expenses, even as scale benefits supported earnings growth.On a sequential basis, investors will likely track whether margin stability sustains amid raw material volatility and global demand trends.
The company did not immediately provide additional commentary on segmental performance or outlook.
Shares of the company ended at ₹459.4 on the NSE, up 0.24% for the day.
