CIE Automotive India reports mixed H1 results

CIE Automotive India reported consolidated sales of ₹44,868 million for H1 2025, down 1% year-on-year. Consolidated EBITDA fell 9% to ₹7,305 million, hit by restructuring costs at Metalcastello. Profit after tax dropped 8% to ₹4,099 million.

India business showed robust growth with sales up 5% to ₹28,704 million and EBITDA rising 1% to ₹5,180 million. However, Europe declined sharply with sales down 11% to ₹16,164 million and EBITDA falling 27% to ₹2,124 million due to lower volumes and restructuring costs.