Eicher Motors Ltd.
187.40 (2.69%) Eicher Motors reports 4% rise in Q2 consolidated net profit
Date: 08-11-2019Eicher Motors has reported results for second quarter ended September 30, 2019.
The company has reported a rise of 18.51% in its net profit at Rs 570.46 crore for the quarter under review as compared to Rs 481.37 crore for the same quarter in the previous year. However, total income of the company decreased by 6.90% at Rs 2,326.82 crore for Q2FY20 as compared Rs 2,499.34 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 4.36% in its net profit at Rs 572.69 crore for the quarter under review as compared to Rs 548.76 crore for the same quarter in the previous year. However, total income of the company decreased by 6.58% at Rs 2,337.50 crore for Q2FY20 as compared Rs 2,502.12 crore for the corresponding quarter previous year.