CIE India's Q4 revenue surged 15% YoY to 2,325.8 Cr, achieving an EBITDA of 358.4 Cr (+8% YoY), despite one-off costs impacting margins.
Full-year revenue grew 6% to 9,122.3 Cr, while PAT remained flat at 828.2 Cr.
India’s business led the charge, with full-year sales up 8% to 5,937 Cr, driven by strong domestic demand.
Europe’s sales declined 6% in Euro terms for the full year due to a soft forging market, though INR sales rose 2% benefiting from forex.
Strategy involves expanding Indian capacities and developing high-value EV parts like precision forgings.
In Europe, the focus is on adapting to lower volumes, maintaining profitability, and shifting towards EV-compatible components such as battery plates and transmission parts.
The company holds a strong net cash position of 1,880.7 Cr.
Management sees positive momentum for India's auto market, bolstered by new agreements.
A final dividend for CY2025 has been approved by the board.
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