Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7319.60
4.75 (0.06%)
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Eicher Motors reports 55% rise in Q2 consolidated net profit

Date: 13-11-2023

Eicher Motors has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 52.64% rise in its net profit at Rs 938.50 crore for the quarter under review as compared to Rs 614.86 crore for the same quarter in the previous year. Total income of the company increased by 18.48% at Rs 4,206.67 crore for Q2FY24 as compared to Rs 3,550.59 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 54.71% rise in its net profit at Rs 1,016.25 crore for Q2FY24 as compared to Rs 656.86 crore for the same quarter in the previous year. Total income of the company increased by 19.64% at Rs 4,388.31 crore for Q2FY24 as compared to Rs 3,668.02 crore for the corresponding quarter previous year.