Eicher Motors Ltd.

Eicher Motors has reported results for first quarter ended June 30, 2016.

The company has reported rise of 69.59% in its net profit after tax at Rs 337.10 crore for the quarter ended June 30, 2016 as compared to Rs 198.77 crore for the same quarter in the previous year. The company’s total income increased 42.98% to Rs 1604.29 crore for the quarter under review from Rs 1122.05 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported rise of 58.62% in its net profit after taxes and profit of joint ventures at Rs 376.29 crore for the quarter ended June 30, 2016 as compared to Rs 237.23 crore for the same quarter in the previous year. Total income of the company increased 42.82% to Rs 1602.51 crore for quarter under review from Rs 1122.05 crore for the quarter ended June 30, 2015.