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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.

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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