CIE Automotive India Limited reported robust financial results for the quarter ended 31 March 2026. The company achieved a consolidated revenue of ₹26,119.52 million and a profit after tax of ₹2,493.66 million. Key highlights include steady growth across Indian and European operations, a proposed restructuring involving the merger of its wholly-owned subsidiary, CIE Aluminium Casting India Limited, and continued focus on operational efficiency and sustainable long-term growth.
Financial Highlights
For the quarter ended 31 March 2026, the company delivered a strong performance. On a standalone basis, revenue from operations reached ₹13,319.61 million, with a profit after tax of ₹2,337.25 million. On a consolidated basis, the company reported revenue of ₹26,119.52 million, reflecting continued momentum in its automotive business segments.
Geographical Performance
The company maintains a strong footprint across two key geographical segments. Operations in India contributed ₹16,635.32 million in segment revenue, while European operations generated ₹9,485.32 million during the quarter. Total segment results before tax and interest stood at ₹3,383.16 million, showcasing the resilient performance of the global business model.
Strategic Restructuring
The Board of Directors has approved a strategic proposal to restructure its operations. This involves the merger of CIE Aluminium Casting India Limited, a wholly-owned subsidiary, into the parent company. This move is subject to requisite approvals from regulatory authorities and is aimed at streamlining the corporate structure to enhance operational synergies.
Dividend and Governance
Reflecting its commitment to shareholder value, the Board had previously recommended a final dividend of ₹7.00 per equity share (face value of ₹10 each) for the financial year ending 31 December 2025. The company continues to monitor and adapt its accounting practices in light of the new labour codes notified by the Government of India, ensuring all financial disclosures remain transparent and accurate.
Source: BSE