CIE Automotive India532756Quarterly results
Board approves unaudited September 2026 quarter results; auditor finds no material misstatement
CIE Automotive India's Board met on 22 October 2026 (3:30 p.m. to 4:35 p.m.) and approved unaudited standalone and consolidated results for the quarter and nine months ended 30 September 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 26,331.80 | 23,718.44 | +11% | 26,205.51 | +0.5% |
| Total income | 26,770.81 | 23,910.18 | +12% | 26,491.98 | +1.1% |
| Profit before tax | 3,215.68 | 2,824.21 | +13.9% | 3,120.14 | +3.1% |
| Profit after tax | 2,436.86 | 2,139.38 | +13.9% | 2,356.15 | +3.4% |
| Total comprehensive income | 2,687.89 | 2,941.16 | −8.6% | 2,384.50 | +12.7% |
| Basic EPS | 6.43 | 5.64 | +14% | 6.21 | +3.5% |
- Profit after tax YoY growth
- +13.9%
- Period
- 30 September 2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- Discontinued operations: sale of CFG's German subsidiaries (JECO, GSA, FUG, SCG) to Mutares; Q3 discontinued profit after tax 10.25 (INR million), relating to interest income.
- Labour Codes notified 21 Nov 2025: Group recorded incremental gratuity/compensated absences impact of INR 132.17 million in quarter and year ended 31 December 2025.
- Scheme of Amalgamation of wholly owned subsidiary CIE Aluminium Casting India Limited into the Company shared with NCLT, subject to requisite approvals.
Board meeting and results
- The Board of CIE Automotive India Limited met on 22 October 2026, from 3:30 p.m. to 4:35 p.m., and approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 30 September 2026.
- The results were reviewed by the Audit Committee and approved by the Board, and are accompanied by Limited Review Reports from the statutory auditors, B S R & Co. LLP.
Auditor's review conclusion
- The auditors state that, based on their review, nothing has come to their attention that causes them to believe the accompanying statements, prepared in accordance with Ind AS 34 and other accounting principles generally accepted in India, have not disclosed the information required under Regulation 33 or contain any material misstatement.
- Their conclusion is stated as not modified, which means the review threw up no qualification.
- A review is substantially narrower in scope than an audit, so the auditors do not express an audit opinion on these numbers.
Other items taken on record
- Scheme of Amalgamation: pursuant to Board approval granted at its meeting on 23 April 2026, the company has shared a Scheme of Amalgamation with the Hon'ble National Company Law Tribunal (NCLT) for the merger of CIE Aluminium Casting India Limited, a wholly owned subsidiary, into the company. It is subject to receipt of requisite approvals from the NCLT and other regulatory authorities.
- Dividend: the Board, at its meeting on 19 February 2026, had recommended a final dividend of INR 7.00 per equity share of INR 10 each fully paid up for the financial year ended 31 December 2025, which was paid during the quarter ended 30 June 2026.
- The company also records an incremental net impact on account of gratuity and long-term compensated absences following the labour codes notified on 21 November 2025.
Consolidated numbers (INR in Million, as printed)
- Revenue from operations: 26,331.80 for the quarter ended 30 September 2026, against 23,718.44 in the quarter ended 30 September 2025.
- Profit for the period: 2,436.86 for the quarter ended 30 September 2026, against 2,139.38 a year earlier.
- Profit for the period for the nine months ended 30 September 2026: 7,286.67.
- The consolidated statement also carries a discontinued operations line, reported separately from continuing operations.
Standalone numbers (INR in Million, as printed)
- Revenue from operations: 14,059.00 for the quarter ended 30 September 2026.
- Profit after tax: 1,532.70 for the quarter ended 30 September 2026.
- Other income in the standalone results includes dividend income from subsidiaries.
What this means for a retail reader
- The update is a routine quarterly results disclosure. Two things matter in it: what the company earned and kept as profit, and what the independent auditors said about those numbers. Here the auditors' conclusion is clean and unmodified.
- The amalgamation note is a corporate-structure step (a wholly owned subsidiary merging into the parent) and is still subject to NCLT and other approvals, so it is a proposal in process rather than a completed action.
- All figures above are exactly as printed in the update, in INR million, and are unaudited interim numbers.
26,770.81 (INR in Million)Total income, latest quarter
Total income, year-ago quarter23,910.18 (INR in Million)
Total comprehensive income, year-ago quarter2,941.16 (INR in Million)
Also from CIE Automotive India
Audio recording of CIE Automotive India Q3CY26 Results Conference Call held on 22 October 2026 made available
23 Oct 2026
CIE Automotive India Q3 CY2026 consolidated sales up 11% to INR 25,585 million as Europe margins recover
22 Oct 2026
CIE Automotive India Q3CY2026 results conference call scheduled for 22 October 2026, hosted by ICICI Securities
13 Oct 2026
More numbers
- Consolidated Profit for the period, nine months ended 30 Sep 20267,286.67
- Standalone Revenue from operations, quarter ended 30 Sep 202614,059.00
- Standalone Profit after tax, quarter ended 30 Sep 20261,532.70
- Final dividend per equity share of INR 10 each, FY ended 31 Dec 2025INR 7.00
- Total income, latest quarter26,770.81 (INR in Million)
- Total income, year-ago quarter23,910.18 (INR in Million)
- Total income, previous quarter26,491.98 (INR in Million)
- Total comprehensive income, latest quarter2,687.89 (INR in Million)
- Total comprehensive income, year-ago quarter2,941.16 (INR in Million)
- Total comprehensive income, previous quarter2,384.50 (INR in Million)
- Profit after tax, latest quarter2,436.86 (INR in Million)
- Profit after tax, year-ago quarter2,139.38 (INR in Million)
- Profit after tax, previous quarter2,356.15 (INR in Million)
- Revenue from operations, latest quarter26,331.80 (INR in Million)
- Revenue from operations, year-ago quarter23,718.44 (INR in Million)
- Revenue from operations, previous quarter26,205.51 (INR in Million)
- Profit before tax, latest quarter3,215.68 (INR in Million)
- Profit before tax, year-ago quarter2,824.21 (INR in Million)
- Profit before tax, previous quarter3,120.14 (INR in Million)
Source: BSE · 22 Oct 2026
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