Eicher Motors Q1 profit rises 42% to Rs 139 crore

Company had posted a profit of Rs 97.94 crore in the same period of 2012-13

Press Trust of India New Delhi
Last Updated : May 09 2014 | 3:06 PM IST
Eicher Motors Ltd today posted a 42% increase in consolidated net profit to Rs 139.12 crore in the first quarter ended March 31.

The company had posted a profit of Rs 97.94 crore in the same period of 2012-13.

Net sales rose to Rs 1,899.91 crore from Rs 1,708.60 crore a year earlier, Eicher Motors said in a BSE filing. The company follows a January-December financial year.

Also Read

Eicher Motors manufactures and markets Royal Enfield motorcycles. It also has a venture with the Volvo group that designs, manufactures and sells commercial vehicles.

Eicher shares traded at Rs 6,635 on the BSE in late afternoon trade, up 2.19%.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 09 2014 | 2:52 PM IST

Next Story