Eicher Motors Q1 net up 59% at Rs 376.29 crore

Shares of the company closed at Rs 21,075.20 per scrip on BSE, up 3.64% from its previous close

Eicher Motors on Thursday reported a 58.61% rise in consolidated net profit to Rs 376.29 crore for the quarter ended June 30, 2016.

The company had posted a net profit after taxes and profit of joint ventures of Rs 237.23 crore for the same period a year ago, Eicher Motors said in a filing to BSE.

Consolidated total income from operations stood at Rs 1,555.69 crore for the quarter under review as against Rs 1095.89 crore for the corresponding period of the previous financial year.

Shares of Eicher Motors closed at Rs 21,075.20 per scrip on BSE, up 3.64% from its previous close.