CIE Automotive reported a strong operational performance for the quarter ended June 30, 2026, with EBITDA rising to ₹3.9 billion from ₹3.37 billion year-on-year, while EBITDA margin expanded to 14.87% from 14.22% in the same period last year. Consolidated net profit grew 17.4% year-on-year to ₹2,356.15 million, compared to ₹2,035.33 million in the corresponding period of the previous year. Revenue from operations grew 10.6% to ₹26,205.51 million from ₹23,690.04 million, supported by higher income from both India and Europe geographical segments. The board approved the unaudited financial results at its meeting on July 22, 2026.

Consolidated Performance

The following table summarises the key consolidated financial metrics for the quarter:

For the half year ended June 30, 2026, the company reported a net profit of ₹4,849.81 million on revenue of ₹52,325.03 million, compared to a net profit of ₹4,099.29 million on revenue of ₹46,416.32 million in the same period last year.

Standalone Results

On a standalone basis, net profit for the quarter rose to ₹1,489.19 million from ₹1,267.83 million in the prior year, while revenue from operations increased to ₹13,248.26 million from ₹12,043.32 million. Total standalone income was ₹13,522.82 million, and total expenses were ₹11,525.93 million. For the half year, standalone net profit was ₹3,826.44 million on revenue of ₹26,567.87 million.

Segment and Operational Details

The company operates in a single automotive segment with two geographical reporting segments. The segment-wise revenue breakdown for the quarter is presented below:

Corporate Developments

The board noted that a final dividend of ₹7 per equity share for the financial year ended December 31, 2025, was paid during the quarter. Additionally, the company has filed a Scheme of Amalgamation with the National Company Law Tribunal for the merger of its wholly-owned subsidiary, CIE Aluminium Casting India Limited, with itself. The merger is subject to regulatory approvals.

Rajendra Vadlapudi has resigned as CEO of the Iron Casting Division at cie automotive India Limited, effective from the close of business hours on July 22, 2026. The resignation marks a change in the company's Key Managerial Personnel following a tenure of over 16 years. Vadlapudi cited a new professional opportunity as the reason for his departure and expressed willingness to assist in the transition process.

The company disclosed the development in a filing submitted to the stock exchanges, citing Regulation 30 read with Clause 7 and 7C of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that Vadlapudi ceased to be a Key Managerial Personnel of the company with effect from the stated date.

Resignation Details

In his resignation letter addressed to Manoj Menon, Chief Executive Officer & Executive Director, Vadlapudi formally stepped down from his position. He requested that his relieving date be on or before August 15, 2026, to facilitate a smooth handover. The resignation letter is enclosed with the regulatory filing as required.

The cessation date recorded in the regulatory annexure is listed as July 23, 2026. Pankaj V. Goyal, Company Secretary, Chief Compliance Officer, and Head-Legal, signed the disclosure on behalf of CIE Automotive India Limited.