Eicher’s Q1 Net up 22% at 459 crore
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.