Eicher Motors Ltd.

Eicher Motors has reported results for fourth quarter and year ended March 31, 2021.

The company has reported 35.21% rise in its net profit at Rs 468.08 crore for the quarter under review as compared to Rs 346.18 crore for the same quarter in the previous year. Total income of the company increased by 30.51% at Rs 3,035.32 crore for Q4FY21 as compared Rs 2,325.69 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 72.91% rise in its net profit attributable to equityholders at Rs 526.14 crore for the quarter under review as compared to Rs 304.28 crore for the same quarter in the previous year. Total income of the company increased by 29.90% at Rs 3,054.27 crore for Q4FY21 as compared Rs 2,351.30 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported 30.16% fall in its net profit at Rs 1,329.70 crore as compared to Rs 1,903.82 crore for the previous year. Total income of the company decreased by 6.41% at Rs 9,071.07 crore for year under review as compared to Rs 9,692.81 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported 26.30% fall in its net profit attributable to equityholders  at Rs 1,346.89 crore as compared to Rs 1,827.44 crore for the previous year. Total income of the company decreased by 5.40% at Rs 9,173.54 crore for year under review as compared to Rs 9,696.83 crore for year ended March 31, 2020.