Q3 2019 Mahindra CIE Automotive Ltd Earnings Call Transcript

Oct 24, 2019 / 06:30AM GMT
Operator

Good day, everyone, and thanks for joining us today for the call. We apologize for the delay for the start from a time basis. From the management side, we are represented by Mr. Ander Arenaza Alvarez, the CEO; Mr. K. Jayaprakash, the CFO; Mr. Vikas Sinha, Senior Vice President, Strategy; and Mr. Oroitz Lafuente, the Business Controller.

Now I'd like to hand over the call to the management for their initial remarks. Over to you, sir.

Vikas Chandra Sinha - Mahindra CIE Automotive Limited - SVP of Strategy

Yes. Thanks, Nishant. This is Vikas. Good afternoon to all of you, and good morning to those who are joining from Europe. I welcome all of you on this call, as also our CEO, Mr. Ander Arenaza. Sorry for the delay, as Nishant pointed out, like we were having some trouble connecting. I will present MCIE results for the third quarter of calendar year '19, Q3 C '19.

Before starting with the results, I would like to state that the market scenario, both in India as well as Europe, continues to be difficult. In India, this quarter seems to have

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