CIE Automotive India Limited — Investor Meet, 28-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

CIE Automotive India Limited reported Q3 results showing a 2.2% increase in sales to INR14,707 million, with EBITDA rising 8% and EBT up 14%. Despite challenges in the light vehicle market, the Indian segment remains optimistic for future growth. European operations faced revenue declines due to market slowdowns, with sales dropping to INR5,899 million. Consolidated EBITDA margin improved to 17.2%. Overall, the company is focused on operational improvements and navigating current market uncertainties.