CIE Automotive India Q2 FY27 Results: Consolidated Net Profit ₹244 Crore on Total Income of ₹2,677 Crore
Earnings
Automotive components
Blacklitt Research4 min read
CIE Automotive India (NSE: CIEINDIA) said in a filing on 22 Oct 2026 that for the quarter ended 30 Sep 2026 consolidated total income was ₹2,677.08 crore and consolidated net profit was ₹243.69 crore. Standalone total income was ₹1,433.33 crore and standalone net profit was ₹153.27 crore.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹2,677.08 crore, up 12.0% YoY and 1.1% QoQ
Net profit and EPS: ₹243.69 crore, up 13.9% YoY; basic EPS ₹6.43 against ₹5.64
Other income: ₹43.90 crore, up 129.0% YoY and 1.6% of total income
Standalone
The company on its own, without its subsidiaries
Total income: ₹1,433.33 crore, up 12.2% YoY and 6.0% QoQ
Net profit and EPS: ₹153.27 crore, up 11.0% YoY; basic EPS ₹4.04 against ₹3.64
Other income: ₹27.43 crore, up 20.6% YoY and 1.9% of total income
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
2,677.08
2,391.02
+12.0%
2,649.20
+1.1%
Revenue from operations
2,633.18
2,371.85
+11.0%
2,620.55
+0.5%
Other income
43.90
19.17
+129.0%
28.65
+53.2%
243.69
213.94
+13.9%
235.62
+3.4%
Finance costs
3.96
3.57
+10.9%
10.17
-61.1%
Depreciation
92.94
89.04
+4.4%
97.08
-4.3%
Tax expense
78.91
69.26
+13.9%
77.56
+1.7%
Net profit margin
9.10%
8.95%
+0.16 pp
8.89%
+0.21 pp
Tax as share of profit before tax
24.6%
24.5%
+0.05 pp
24.9%
-0.27 pp
EPS, basic (₹)
6.43
5.64
+14.0%
6.21
+3.5%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit grew faster than total income. Net profit rose 13.9% to ₹243.69 crore from ₹213.94 crore a year earlier, while total income rose 12.0% to ₹2,677.08 crore from ₹2,391.02 crore. Against the June quarter, net profit rose 3.4% from ₹235.62 crore and total income rose 1.1% from ₹2,649.20 crore.
Other income moved the most. It was ₹43.90 crore, up 129.0% from ₹19.17 crore, against revenue from operations of ₹2,633.18 crore, up 11.0%, and made up 1.6% of total income. Net profit is ₹1.03 crore higher than profit before tax less tax, and the filing reports that ₹1.03 crore separately as profit from discontinued operations. The filing says these are interest income on the German subsidiaries whose sale to Mutares SE & Co KgaA was agreed in August 2023. Profit before tax from continuing operations was ₹321.57 crore and tax expense was ₹78.91 crore.
Finance costs were ₹3.96 crore, down from ₹10.17 crore in the June quarter and up 10.9% from ₹3.57 crore a year earlier; they are 0.1% of total income. Depreciation was ₹92.94 crore, up 4.4%. Basic EPS was ₹6.43, up 14.0% from ₹5.64, and the filing gives ₹6.40 for continuing operations alone.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,433.33
1,277.04
+12.2%
1,352.28
+6.0%
Revenue from operations
1,405.90
1,254.30
+12.1%
1,324.82
+6.1%
Other income
27.43
22.74
+20.6%
27.46
-0.1%
153.27
138.03
+11.0%
148.92
+2.9%
Finance costs
0.89
0.64
+39.1%
1.09
-18.3%
Depreciation
41.31
37.67
+9.7%
39.68
+4.1%
Tax expense
52.10
45.46
+14.6%
50.77
+2.6%
Net profit margin
10.69%
10.81%
-0.12 pp
11.01%
-0.32 pp
Tax as share of profit before tax
25.4%
24.8%
+0.60 pp
25.4%
-0.06 pp
EPS, basic (₹)
4.04
3.64
+11.0%
3.93
+2.8%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 11.0% to ₹153.27 crore from ₹138.03 crore, more slowly than total income, which rose 12.2% to ₹1,433.33 crore from ₹1,277.04 crore. Against the June quarter, total income rose 6.0% and net profit rose 2.9% from ₹148.92 crore.
Other income was ₹27.43 crore, up 20.6% from ₹22.74 crore, and 1.9% of total income; revenue from operations was ₹1,405.90 crore, up 12.1% from ₹1,254.30 crore. Standalone other income includes dividend income from subsidiaries, which the filing gives as ₹93.91 crore for the nine months to 30 Sep 2026.
Finance costs were ₹0.89 crore, up 39.1% from ₹0.64 crore, and depreciation was ₹41.31 crore, up 9.7% from ₹37.67 crore. Tax expense rose 14.6% to ₹52.10 crore. Basic EPS was ₹4.04, up 11.0% from ₹3.64.
The board approved the results on 22 Oct 2026, and BSR & Co. LLP's limited review reports say nothing has come to their attention that suggests a material misstatement. For the consolidated figures, the auditors did not review six subsidiaries and relied on another auditor's report; the auditors say their conclusion is not modified on this point. The board has filed a Scheme of Amalgamation with the NCLT to merge its wholly owned subsidiary CIE Aluminium Casting India Limited into the company, subject to the NCLT and other approvals. The board had recommended a final dividend of ₹7.00 per share for the year ended 31 Dec 2025, which was paid in the quarter ended 30 June 2026.
Inference
Share capital is ₹379.36 crore in every period shown. The filing prints other equity of ₹5,308.43 crore standalone and ₹7,079.78 crore consolidated without giving the date of those balances. Basic EPS for the quarter is ₹6.43 consolidated and ₹4.04 standalone, not annualised.
If the Scheme of Amalgamation with CIE Aluminium Casting India Limited is approved, a wholly owned subsidiary would be merged into the company. The filing gives no timeline for the approvals and no effect on the share count.
The filing does not say why consolidated other income rose or why finance costs fell from the June quarter, does not give the effective tax rate, and does not say whether a dividend will be declared for the current quarter.
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CIEINDIACIE Automotive India Ltd.
