CIE Automotive's Q2 results show contrasting performances between regions. Indian operations grew 7% year-on-year with sales of INR 14.50 billion and a 17.50% EBITDA margin. European operations stabilized with sales of INR 8.30 billion, down 1% year-on-year, and a 12.50% EBITDA margin. Consolidated sales reached INR 23.00 billion, up 4% year-on-year, with a 15.70% EBITDA margin. The company secured new orders worth INR 6.00 billion in H1 and expects improved performance in H2. Strategic initiatives include new product development for EVs and restructuring in Europe. Capacity utilization stands at 75-80% in India, with excess capacity in Europe.
CIE Automotive India Reports Mixed Q2 Results with Strong India Performance Offset by European Decline Jul 22, 2025
More news about CIE Automotive
21Jul 25
CIE Automotive India Reports Strong Q2 Growth Amid European Challenges
CIE Automotive India Limited reported a 3.30% increase in consolidated revenue to ₹23,690.04 crore for Q2. Profit after tax slightly decreased by 6.10% to ₹2,035.33 crore. Indian operations grew by 5.90% year-on-year to ₹15,155.44 crore, outperforming the market. European operations faced challenges with revenue declining to ₹8,535.61 crore. The company maintains a strong balance sheet with total assets of ₹101,121.57 crore and a net financial debt to EBITDA ratio of -0.52.
CIE Automotive India Limited reported a 3.3% increase in Q1 consolidated revenue to ₹23.69 billion. However, net profit declined by 5.6% to ₹2.04 billion, and EBITDA fell 6.4% to ₹3.37 billion. EBITDA margin compressed to 14.22% from 15.7%. The India segment contributed ₹15.16 billion in revenue and ₹2.02 billion in profit before tax and interest, while the Europe segment reported ₹8.54 billion in revenue and ₹710.10 million in profit before tax and interest. Total assets stood at ₹101.12 billion, with total equity at ₹69.26 billion.
24Jun 25
CIE Automotive India's Subsidiary CIEALCAST to Acquire Stake in Ampin Energy
CIEALCAST, a subsidiary of CIE Automotive India, plans to invest ₹17.50 crore to acquire up to 29% shares in Ampin Energy. This strategic move marks the company's diversification into the energy sector from its core automotive business. The investment could potentially provide CIE Automotive India with exposure to new technologies and markets in the energy industry, possibly leveraging synergies between automotive and energy sectors.
CIE Automotive India's Q1 2025 results show contrasting performance between Indian and European operations. Consolidated revenue declined 6% YoY to ₹21,961.00 million, with EBITDA margin at 16.90%. Indian operations grew 3% YoY to ₹14,113.00 million, aligning with market trends. European segment faced challenges with a 19% revenue decline to ₹7,849.00 million due to weak automotive market conditions. The company remains optimistic about Indian market growth while implementing measures to address European market challenges.
29Apr 25
CIE Automotive India Reports Mixed Q4 Results with Revenue Decline and Profit Growth
CIE Automotive India Limited's Q4 2025 results show a 6.4% decrease in consolidated revenue to 22,726.28 crore rupees, but a 2.3% increase in net profit to 2,063.96 crore rupees. Indian operations grew by 2.7%, while European segment declined by 19.3%. EBITDA fell to 3,360.98 crore rupees with a slight margin contraction. The company announced a final dividend of 7.00 rupees per share for FY2024.
21Mar 25
CIE Automotive India Cancels Planned Green Energy Investment
CIE Automotive India Limited (CIEIL) has terminated its agreement with Ijya Renewables India Project Private Limited, cancelling plans to acquire a 27% stake and invest Rs. 25.54 crore in a captive solar power project. The decision, announced on March 20, 2025, was due to difficulties in developing the solar facility. CIEIL's subsidiary, CIE Aluminium Casting India Limited, also cancelled a similar agreement with Ijya Three Renewables Private Limited, which involved a Rs. 17 crore investment for a 27% stake. The terminations represent a setback in CIEIL's efforts to optimize power costs and increase green energy consumption, though the company states no liability is incurred.
24Feb 25
CIE Automotive India Posts 9.49% Profit Growth in Q4 2025 Despite Revenue Dip
CIE Automotive India posted mixed Q4 2025 results with a 9.49% increase in net profit to ₹184.98 crore, despite a 5.82% revenue decline to ₹2,109.95 crore. EPS improved by 1.29% to ₹4.72, while operating income decreased by 12.41%. The company demonstrated resilience in bottom-line performance amidst challenging market conditions in the automotive components sector.
21Feb 25
CIE Automotive India Reports Robust Growth in 2024 Despite Market Challenges
CIE Automotive India Limited announced its Q4 and full-year 2024 financial results. Despite a 3.4% decrease in consolidated revenue to ₹89,640.67 million for 2024, the company maintained a strong EBITDA margin of 17.3%. Indian operations showed growth with a 5% revenue increase and improved EBITDA margin, while European operations faced challenges. The company declared a final dividend of ₹7.00 per equity share. Management emphasized business resilience and adaptation to market challenges.
CIE Automotive India Limited reported a 9.5% year-on-year increase in Q4 2024 net profit to ₹184.9 crore, despite a 5.8% revenue decline. Full-year 2024 revenue reached ₹4,563.47 crore with a net profit of ₹583.41 crore. The Board recommended a final dividend of ₹7 per equity share. The company's financial position remains strong with total assets of ₹6,566.49 crore and total equity of ₹5,332.65 crore as of December 31, 2024. India segment revenue for 2024 was ₹6,058.97 crore, while Europe segment revenue was ₹2,909.78 crore.