Auto component firm Mahindra CIE Automotive on Monday posted a consolidated net profit of Rs 161.42 crore for the first quarter ended March.
The company had reported a consolidated net profit of Rs 10.09 crore in the year-ago period.
Revenue from operations rose to Rs 2,588.36 crore for the first quarter as compared with Rs 2,189.4 crore in the January-March period of last year.
The company follows a January-December financial year.
The board of the Pune-based firm has also recommended a final dividend of Rs 2.5 per share of Rs 10 each for the financial year ended December 31, 2021. PTI MSS MSS AJ AJ
