14 Nov 2019

CIEL Group

CIEL Limited reports financial results for the first quarter ended 30 september 2019

Group revenue for the quarter ended 30 September 2019 increased by 3% to MUR 6.27bn (2018: MUR 6.09bn) while EBITDA rose to MUR 728M (2018: MUR 616M). Excluding the effect of IFRS 16, EBITDA margin remained stable at 10%. The Group PAT was at par with prior year at MUR 126M (2018: MUR 129M) for the period under review.

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