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Eicher Motors’ Q2FY13 consolidated net declines by 0.46%

10 Aug 2012 Evaluate

Commercial vehicles-maker, Eicher Motors has reported results for the quarter ended June 30, 2012.

On standalone basis, the company has reported a rise of 11.72% in Q2 FY13 net profit after tax at Rs 32.30 crore as compared to Q2FY12 net profit of Rs 28.91 crore. Company’s total Income has surged by 41.32% to Rs 260.03 crore for quarter under review from Rs 184.00 crore for the corresponding quarter o the previous year.

On consolidated basis, the Group’s net profit after tax and Minority Interest for the quarter ended June 30, 2012 has declined by 0.46% at Rs 75.96 crore as compared to Rs 76.31 crore for the quarter ended June 30, 2011. Its total income has increased by 22% to Rs 1615.56 crore for the quarter from Rs 1324.16 crore for the corresponding quarter of the previous year.

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