CIE Automotive India

CIE Automotive India reported a strong Q1 CY26 with consolidated sales of ₹2,544 croreCurrent reported value: ₹2,544 crore. No comparable prior figure is available in the source record. (+16Current reported value: 16. No comparable prior figure is available in the source record.% YoY) and EBITDA of ₹430 croreCurrent ₹430 crore vs previous available quarter ₹360 crore. (+16% YoY), achieving record quarterly sales and EBITDA. India operations grew 15% YoYCurrent 15% vs previous available quarter 14%. to ₹1,620 crore, though exports were muted due to geopolitical headwinds. EBITDA margin in India contracted 100bps YoY to 17.6%Current 17.6%. Reported change: -100bps YoY. due to gas/energy cost increases and a one-off subsidy in the base. Europe delivered a margin recovery to 15.7%Current 15.7%. Reported change: +180bps YoY. (vs 13.9% YoY) driven by restructuring benefits. Management expects growth momentum to continue, supported by new orders worth ₹3.5 billionCurrent ₹3.5 billion. Reported change: +11% EV share. annualized in Q1 and capacity additions across forging, stamping, and iron casting. Key risks include sustained input cost inflation, potential supply chain disruptions from the West Asia conflict, and a slower-than-expected recovery in the US off-highway market.