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Eicher Motors reports 34% rise in Q3 consolidated net profit

14 Feb 2024 Evaluate

Eicher Motors has reported results for third quarter ended December 31, 2023 (Q3FY24).

The company has reported 34.23% rise in its net profit at Rs 913.73 crore for the third quarter ended December 31, 2023 as compared to Rs 680.70 crore for the same quarter in the previous year. Total income of the company increased by 13.82% at Rs 4303.74 crore for Q3FY24 as compared Rs 3,781.24 crore for corresponding quarter of the previous year. 

On consolidated basis, the company has reported 34.44% rise in net profit at Rs 995.97 crore for Q3FY24 as compared to Rs 740.84 crore for the same quarter in the previous year. Total income of the company increased by 13.27% at Rs 4432.57 crore for Q3FY24 as compared Rs 3,913.32 crore for corresponding quarter of the previous year.

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