Earnings Review
CIE Automotive Q1 PAT, revenue up but misses Street view
This story was originally published at 21:24 IST on 22 July 2026
Register to read our real-time news.Informist, Wednesday, Jul. 22, 2026
Please click here to read all liners published on this story
--CIE Automotive Apr-Jun consol PAT INR 2.36 bln
--Analysts saw CIE Automotive Apr-Jun consol net profit INR 2.45 bln
--CIE Automotive Apr-Jun consol revenue INR 26.21 bln
--Analysts saw CIE Automotive Apr-Jun consol revenue INR 26.26 bln
--CIE Automotive Apr-Jun consol PAT INR 2.36 bln vs INR 2.04 bln yr ago
--CIE Automotive Apr-Jun consol revenue INR 26.21 bln vs INR 23.69 bln yr ago
--CIE Automotive Jan-Jun consol PAT INR 4.85 bln vs INR 4.10 bln yr ago
--CIE Automotive Jan-Jun consol sales INR 52.33 bln vs INR 46.42 bln yr ago
--CIE Automotive Apr-Jun India sales INR 17.04 bln vs INR 15.16 bln yr ago
--CIE Automotive Apr-Jun Europe sales INR 9.17 bln vs INR 8.54 bln yr ago
By Devanshu Singla
MUMBAI – Automotive components maker CIE Automotive India Ltd. reported a double-digit growth in its net profit and revenue for the June quarter, driven by growth in its India business. However, the earnings were below the Street estimates.
CIE Automotive reported a consolidated net profit of INR 2.36 billion, up nearly 16% from INR 2.04 billion in the year-ago quarter. The net profit was slightly lower than Street estimate of INR 2.45 billion. The company's consolidated revenue from operations for the June quarter grew nearly 11% on year to INR 26.21 billion from INR 23.69 billion in the year-ago quarter. The revenue was slightly below Street estimate of INR 26.26 billion.
The company's revenue from its India business increased over 12% on year to INR 17.04 billion. The company's revenues from its European business rose 7.4% on year to INR 9.17 billion.
The company's total expenses increased in line with the revenue growth to INR 23.38 billion in the June quarter, up 10% on year from INR 21.21 billion. Its finance cost jumped over six times to INR 101.73 million. The company follows the calendar year for its financials and for the first half (Jan-Jun), CIE Automotive reported revenue from operations of INR 52.33 billion, up 13% on year. Its net profit for the half year was INR 4.85 billion, up almost 19% on year.
CIE Automotive reported earnings before interest, tax, depreciation, and amortisation of INR 4.18 billion for the June quarter, up 17% on year from INR 3.59 billion. The company's EBITDA margin increased to 16.4% for the June quarter from 15.7% in the year-ago quarter. The company said its consolidated performance was supported by the growth of the Indian business and the impact of currency movement for its European business.
The auto component maker's EBITDA from its India business increased 9% on year to INR 2.77 billion. The EBITDA margin declined to 16.7% from 17.5% in the year-ago quarter, due to an increase in prices of raw materials, energy, and consumables because of the war in West Asia. The EBITDA from European business increased 36% on year to INR 1.41 billion. The EBITDA margin expanded to 15.9% from 12.5% in the year-ago quarter, due to effect of last year's restructuring.
Wednesday, the company's shares closed almost flat at INR 472.50 on the National Stock Exchange. The company declared its earnings after market hours. End
Edited by Pankaj Aher
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
