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Eicher Motor reports 42% rise in Q1 consolidated net profit

10 May 2014 Evaluate

Eicher Motor has reported results for first quarter ended March 31, 2014

The company has posted a rise of 65.25% in its net profit at Rs 160.62 crore for the quarter ended March 31, 2014 as compared to Rs 97.20 crore for the same quarter in the previous year. Total income of the company increased by 79.26% at Rs 720.59 crore for quarter under review as compared to Rs 401.99 crore for the quarter ended March 31, 2013.

On consolidated basis, the company has reported 42.05% rise in its net profit at Rs 139.12 crore for the quarter ended March 31, 2014 as compared to Rs 97.94 crore for the same quarter in the previous year. Total income of the company has increased by 11.92% at Rs 1979.56 crore for quarter under review as compared to Rs 1768.74 crore for the quarter ended March 31, 2013.

Peers
Company Name CMP
Bajaj Auto 11684.00
TVS Motor Company 4127.50
Hero MotoCorp 5225.00
Eicher Motors 7540.00
OLA Electric Mobilit 38.56
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