Commercial vehicles-maker, Eicher Motors has reported a 55.74% increase in consolidated net profit for the quarter ended December 31, 2011, to Rs 85.44 crore on the back of its robust performance in all segments. The company had posted a net profit of Rs 54.86 crore for the fourth quarter of the previous financial year.
The group’s consolidated total income from operations also jumped by 26.79% to Rs 1,576.64 crore during the fourth quarter from Rs 1,243.51 crore in the year-ago period.
For the entire 2011 financial year, the company's consolidated net profit surged by 63.44% to Rs 308.77 crore from Rs 188.92 crore in the previous financial year. The firm's consolidated total income from operations also went up by 29.28% to Rs 5,716 crore in 2011 from Rs 4,421.26 crore in 2010.
