Eicher Motors Ltd.

Eicher Motors has reported results for fourth quarter and year ended March 31, 2018.

The company has reported a fall of 36.79% in its net profit at Rs 260.13 crore for the quarter ended March 31, 2018 as compared to Rs 411.56 crore for the same quarter in the previous year. However, total income of the company has increased by 19.72% at Rs 2,614.61 crore for quarter under review as compared to Rs 2,183.94 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a marginal rise of 0.45% in its net profit at Rs 461.53 crore for the quarter ended March 31, 2018 as compared to Rs 459.44 crore for the corresponding quarter in the FY17. Total income of the company increased by 19.44% at Rs 2,612.96 crore for quarter under review as compared to Rs 2,187.60 crore for the same quarter ended previous year. 

For the year ended March 31, 2018, the company has posted a rise of 9.80% in its net profit at Rs 1,712.91 crore as compared to Rs 1,560.02 crore for the same period in the previous year. Total income of the company increased 16.80% at Rs 9,544.24 crore for year under review as compared to Rs 8,171.37 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a rise of 17.55% in its net profit at Rs 1,959.67 crore as compared to Rs 1,667.08 crore for the same period in the previous year. Total income of the company has increased by 16.32% at Rs 9,499.36 crore for year under review as compared to Rs 8,166.78 crore for the period ended March 31, 2017.