Eicher’s Q1 Net up 22% at 459 crore

The Economic Times - - Companies: Pursuit Of Profit -

New Delhi: Com­mer­cial ve­hi­cles maker Eicher Mo­tors to­day re­ported a 22.1% rise in con­sol­i­dated net profit at .₹ 459.6 crore for the first quar­ter ended June 30, 2017. The com­pany had posted a net profit of .₹ 376.2 crore dur­ing the April-June quar­ter a year-ago, Eicher Mo­tors said in a BSE fil­ing.

Its total con­sol­i­dated in­come was up 29.4% to .₹ 2,332.6 crore dur­ing the quar­ter un­der re­view as against .₹ 1,801.3 crore in the cor­re­spond­ing quar­ter of last fis­cal.

Eicher Mo­tors total ex­penses rose 26.89% to .₹ 1,680.5 crore, as against .₹ 1,324.3 crore in the year-ago pe­riod.

Shares of Eicher Mo­tors closed 1.9% down at .₹ 31,520.5 on BSE.

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