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Eicher Motors reports 6% fall in Q3 consolidated net profit

06 Feb 2020 Evaluate

Eicher Motors has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 2.49% in its net profit at Rs 488.94 crore for the quarter under review as compared to Rs 501.41 crore for the same quarter in the previous year. However, total income of the company increased by 0.36% at Rs 2499.36 crore for Q3FY20 as compared Rs 2490.47 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 6.43% in its net profit attributed to the owners of the company at Rs 498.70 crore for the quarter under review as compared to Rs 532.95 crore for the same quarter in the previous year. However, total income of the company increased by 0.70% at Rs 2505.71 crore for Q3FY20 as compared Rs 2488.19 crore for the corresponding quarter previous year.

Peers
Company Name CMP
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