new delhi mahindra groups auto component arm mahindra cie automotive has reported a 3063 per cent fall in standalone net profit at rs 965 crore for the second quarter ended september 30 the company had posted a net profit of rs 1391 crore during the same quarter last fiscal it said in a regulatory filing mahindra cie automotives total income from operations during the period under review was also down 714 per cent to rs 39122 crore as against rs 42131 crore last fiscal during the first half of the financial year 201516 the firms standalone profit declined 2012 per cent to rs 2587 crore as against rs 3239 crore of the same period aprilseptember a year ago in h1 period the companys total income from operation also went down 506 per cent to rs 80717 crore as against rs 85025 crore of the same period last fiscal meanwhile in a separate filing mahindra cie automotive said the clb has allowed the company to begin its financial year from january 1 to december 31 earlier the company used to follow april to march reporting period the current financial year of the company shall close on december 31 2015 covering a period of nine months commencing from april 1 2015 it said pti published on oct 21 2015 at 0522 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app financial results mahindra q2 results mahindra two wheelers ltd mahindra mahindra limited mahindra auto component homenewsauto componentsmahindra cie automotive q2 net plunges 31 to rs 10 crore