Eicher Motors Ltd.
111.95 (1.58%) Eicher Motors reports over two fold jumps in Q1 net profit
Date: 14-05-2013Eicher Motors reported results for the first quarter ended March 31, 2013.
Eicher Motors has reported an increase of 114.42% in its net profit for the quarter ended March 31, 2013 at Rs 97.20 crore as compared to net profit of Rs 45.33 crore in the same quarter previous year. Total income of the company has increased by 62.23% for the quarter under review to Rs 401.99 crore as compared to Rs 247.79 crore in corresponding quarter last year.
On consolidated basis, the company has reported a fall of 10.61% in its net profit for quarter ended March 31, 2013 at Rs 97.94 crore as compared to net profit of Rs 109.57 crore in the same quarter previous year. However, total income of the company has increased by 2.68% to Rs 1768.74 crore as compared to Rs 1722.57 crore in corresponding quarter last year.