MoneyWorks4Me

Eicher Motors reports 18% rise in Q4 consolidated net profit

13 May 2024 Evaluate

Eicher Motors has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 31.66% rise in its net profit at Rs 983.31 crore for the quarter under review as compared to Rs 746.86 crore for the same quarter in the previous year. Total income of the company increased by 11.54% at Rs 4,499.55 crore for Q4FY24 as compared Rs 4,033.90 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 18.21% rise in its net profit at Rs 1,070.45  crore for fourth quarter ended March 31, 2024 as compared to Rs 905.58 crore for the same quarter in the previous year. Total income of the company increased by 13.75% at Rs 4,561.19 crore for Q4FY24 as compared Rs 4,009.83 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 42.97% rise in net profit at Rs 3,749.42 crore as compared to Rs 2,622.59 crore for the previous year. Total income of the company increased by 17.27% at Rs 17,246.30 crore for year under review as compared to Rs 14,706.48 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 37.31% rise in its net profit at Rs 4,001.01 crore as compared to Rs 2,913.94 crore for the previous year. Total income of the company increased by 17.12% at Rs 17,611.65 crore for year under review as compared to Rs 15,037.29 crore for year ended March 31, 2023. 


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
View more..