CIE Automotive India Ltd's Q3 Net Profit Climbs 10.4% to ₹204 Crore, Margins Hold Steady

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CIE Automotive India Q3 Net Profit Jumps 10.4% to ₹204 Crore; Revenue Up 13.4%

1. European Cars Could Become Cheaper in India | One of the biggest changes under the deal is in the automobile sector. India currently imposes import duties of over 100% on fully built foreign cars. Under the FTA, tariffs on European-made vehicles could be reduced to around 40% over time. This could make cars from brands such as BMW, Mercedes-Benz, Volkswagen and Renault more affordable for Indian buyers. However, the cuts are expected to be phased in, with safeguards in place to protect domestic players, such as Tata Motors, Mahindra, and Suzuki. (Image: Canva)

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CNBC TV18•19-02-2026, 20:08

CIE Automotive India Q3 Net Profit Jumps 10.4% to ₹204 Crore; Revenue Up 13.4%

•CIE Automotive India Ltd reported a 10.4% YoY increase in consolidated net profit for Q3, reaching ₹204.3 crore.
•Net revenue grew 13.4% to ₹2,393 crore, driven by steady demand across segments.
•EBITDA rose 11.7% YoY to ₹335 crore, but the EBITDA margin slightly decreased to 14% from 14.2%.
•Marginal compression in margins suggests higher input costs or operating expenses.
•Shares of the company closed at ₹459.4 on the NSE, up 0.24% for the day.

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