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Eicher Motors reports 76% rise in Q2 consolidated net profit

11 Nov 2022 Evaluate

Eicher Motors reported results for second quarter ended September 30, 2022.

The company has reported rise of 79.07% in its net profit at Rs 614.86 crore for Q2FY23 as compared to Rs 343.36 crore for the corresponding quarter previous year. Total income of the company increased by 54.77% to Rs 3,550.59 crore for the quarter under review as compared to Rs 2,294.18 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 76.01% in its net profit at Rs 656.86 crore for the quarter under review as compared to Rs 373.20 crore for the same quarter in the previous year. Total income of the company increased by 55.54% to Rs 3,668.02 crore for the quarter under review as compared to Rs 2,358.20 crore for the same quarter in the previous year.

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