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CICIEINDIA

CIE Automotive India Q2 FY25 results (Jul–Sep 2024) and concall

Automobile and Auto Components · Concall AI · Call held 25 Oct 2024

Company page: CIE Automotive India share price, financials & guidance record

Source transcript

CIE Automotive delivered a resilient margin performance in Q3 CY24 despite a severe contraction in the European automotive market. While consolidated revenues dipped 5%, the company successfully protected profitability through aggressive cost-cutting in Europe and operational efficiencies in India. Management remains cautious on the European recovery but is optimistic about India's growth trajectory and its expanding export order book.

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Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.