CIE Automotive India Limited announced its unaudited financial results for the quarter ended March 31, 2026. The company reported robust growth in revenue and profit, driven by strong operational performance across its India and Europe segments. Key developments include a proposed restructuring involving the merger of a subsidiary and consistent dividend payouts, underscoring the company’s commitment to operational efficiency and shareholder value.
Financial Highlights for the Quarter
For the quarter ended March 31, 2026, CIE Automotive India Limited achieved a total standalone income of Rs. 14,416.52 million, compared to Rs. 12,825.67 million in the same period last year. Profit after tax for the standalone entity stood at Rs. 2,337.25 million, marking a positive growth trajectory from Rs. 2,185.36 million reported in the corresponding quarter of the previous year.
Consolidated Performance Overview
On a consolidated basis, the group demonstrated significant scale, reporting a total income of Rs. 26,402.69 million for the quarter. The consolidated profit after tax attributable to the owners of the company reached Rs. 2,493.66 million. Earnings per share (EPS) for the consolidated entity for the quarter stood at Rs. 6.57.
Segment and Operational Updates
The company continues to leverage its presence in both India and Europe. The India segment contributed Rs. 16,635.32 million to the segment revenue, while the Europe segment added Rs. 9,485.32 million. The total segment results, representing profit before tax and interest, reached Rs. 3,383.16 million.
Strategic Restructuring
In a significant strategic move, the Board of Directors approved a proposal to restructure by merging CIE Aluminium Casting India Limited, a wholly-owned subsidiary, into the main company. This consolidation is subject to necessary regulatory and legal approvals and is aimed at streamlining business operations and enhancing overall corporate structure efficiency.
Dividend Recommendation
Maintaining focus on shareholder returns, the Board had previously recommended a final dividend of INR 7.00 per equity share (face value of INR 10) for the financial year ending December 31, 2025, reflecting the company’s stable financial health and commitment to distributing value to its investors.
Source: BSE
