Eicher Motors Q3 net up 55% at Rs 255 cr

Eicher Motors today reported a 54.79 per cent rise in consolidated net profit at Rs 255.46 crore for the third quarter ended September 30, on the back of robust sales growth across various segments.

The company had posted a net profit of Rs 165.03 crore for the same period previous fiscal.

Net sales of the company rose to Rs 3,074.35 crore for the third quarter compared with Rs 2,251.25 crore in the same period of previous fiscal, Eicher Motors said in a regulatory filing.

The company follows a January-December financial year.

Eicher Motors shares were trading at Rs 17,077.95, down 3.48 per cent on BSE in afternoon trade.