CIE Automotive India Q2 Results Live : CIE Automotive India declared their Q2 results on 18 Jul, 2024. The topline decreased by 1.19% & the profit decreased by 28.13% YoY.
Compared to the previous quarter, the revenue declined by 5.53% and the profit decreased by 5.92%.
The Selling, general & administrative expenses rose by 2.22% q-o-q & increased by 3.93% Y-o-Y.
The operating income was up by 0.79% q-o-q & decreased by 3.76% Y-o-Y.
The EPS is ₹5.71 for Q2 which increased by 1.42% Y-o-Y.
CIE Automotive India has delivered 0.81% return in the last 1 week, 22.88% return in the last 6 months and 28.88% YTD return.
Currently, CIE Automotive India has a market cap of ₹23014.02 Cr and 52wk high/low of ₹622.4 & ₹406.8 respectively.
As of 20 Jul, 2024, out of 5 analysts covering the company, 2 analysts have given Buy rating & 3 analysts have given Strong Buy rating.
The consensus recommendation as of 20 Jul, 2024, was to Strong Buy.
CIE Automotive India Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 2292.69 | 2426.8 | -5.53% | 2320.34 | -1.19% |
| Selling/ General/ Admin Expenses Total | 267.34 | 261.52 | +2.22% | 257.24 | +3.93% |
| Depreciation/ Amortization | 83.62 | 86.34 | -3.15% | 83.25 | +0.44% |
| Total Operating Expense | 2016.3 | 2152.57 | -6.33% | 2033.16 | -0.83% |
| Operating Income | 276.39 | 274.24 | +0.79% | 287.18 | -3.76% |
| Net Income Before Taxes | 286.55 | 303.92 | -5.71% | 284.34 | +0.78% |
| Net Income | 216.82 | 230.48 | -5.92% | 301.68 | -28.13% |
| Diluted Normalized EPS | 5.71 | 6.07 | -6% | 5.63 | +1.42% |