Eicher Motors has reported over three fold rise in standalone net profit at Rs 45.33 crore for the first quarter ended March 2012. It was Rs 14.48 crore in the corresponding period a year ago. The total income was up 61.74% at Rs 247.79 crore as against Rs 153.20 crore in March 2011.
On consolidated basis, the company posted a net profit of Rs 109.57 crore during the quarter under review as compared to Rs 73.28 crore in the corresponding quarter previous year, up by 49.52%. The consolidated total income rose 23.34% to Rs 1749.37 crore in Q1 FY’12 from Rs 1418.32 crore in Q1 FY’11.
