Are CIE Automotive latest results good or bad?

Jun 07 2025 02:50 AM IST
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CIE Automotive's latest results show a decline in net sales and profit, with a 6.35% drop in sales and a 10.5% decrease in Profit After Tax year-on-year. However, the company declared a dividend of Rs 7.00 per share, the highest in five years, indicating a commitment to shareholder returns despite the challenges.
CIE Automotive India has reported its financial results for the quarter ending March 2025, which indicate a flat performance compared to previous periods. The company's net sales for this quarter were Rs 2,272.63 crore, reflecting a decline of 6.35% year-on-year. Additionally, the Profit After Tax (PAT) was reported at Rs 206.10 crore, showing a decrease of 10.5% compared to the same quarter last year. The Profit Before Tax, excluding other income, also fell to Rs 236.48 crore, down by 6.28% year-on-year.

On a positive note, CIE Automotive declared a dividend per share of Rs 7.00, the highest distribution in the last five years, which underscores the company's commitment to returning profits to its shareholders.

It is also noteworthy that the company saw an adjustment in its evaluation over the last three months. Overall, while there are some positive developments regarding shareholder returns, the financial results reveal several challenges in terms of sales and profit performance.
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