Eicher Motors Ltd.
-66.75 (-0.93%) Eicher Motors reports 50% rise in Q3 consolidated net profit
Date: 02-02-2017Eicher Motors has reported results for third quarter ended December 31, 2016.
The company has reported 64.50% rise in its net profit at Rs 415.19 crore for the quarter under review as compared to Rs 252.40 crore for the same quarter in the previous year. Total income of the company increased by 43.23% at Rs 2129.24 crore for the quarter under review as compared to Rs 1486.60 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 50.04% rise in its net profit after tax and share of profit of Joint Ventures at Rs 418.19 crore for the quarter ended December 31, 2016, as compared to Rs 278.72 crore for the same quarter in the previous year. Total income of the company increased by 43.31% to Rs 2130.41 crore for quarter under review from Rs 1486.60 crore for the quarter ended December 31, 2015.